You don't really know anything, do you? Pure speculation isn't...

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    You don't really know anything, do you? Pure speculation isn't currency worth anything that I know of. Rio/BHP rail costs are in the single digits (used to be below $1/t in 2005). FMG cannot compete with that. Rio & BHP also do not have the huge capital and debt costs of FMG. With the kindest take on your post, you are comparing FMG's C1 costs to Rio/BHP's C3 costs. I suspect you don't even know what those cost bases even mean, though, let alone understand them.
 
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