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Re: AMI Stream Log
20:44 23/01/2015
sittight
0 replies 0 0

Gazza it is a bad time to be selling a stake in an iron ore mine..the key thing is that the GOSL have insisted the mines stay running and that is why FT got Marampa(bribes included as well i am sure)then after that it is a question of whose interests are best served.SISG will not lose I think and Timis Corp neither..the best would be if SISG dropped their share in the project for a big chunk of AML and then agreed to send all the ore to Europe if possible till IO price rises , the savings on 26mtpa on freight alone is about $300 million

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