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  #41  
Old 17-01-2013, 02:41 PM
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Agreed with the crazy green guidelines.

Just hope the world resources market does turn away from our very expensive to produce Iron Ore etc.
In 2012 Rio Tinto produced 250 million tons at a price well below $50 ton.
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  #42  
Old 17-01-2013, 02:47 PM
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I must admit, the inner bogan within has been interested in the F6 r-spec for cruizing/performance and comfortability reasons compared to my stiff unconfortable wrx lately.
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  #43  
Old 17-01-2013, 02:50 PM
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In 2012 Rio Tinto produced 250 million tons at a price well below $50 ton.
hence Gina can afford another Mrs Macks pie
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  #44  
Old 17-01-2013, 03:41 PM
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Look at the Torana platform now compared to 8 years ago...
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  #45  
Old 17-01-2013, 03:44 PM
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In 2012 Rio Tinto produced 250 million tons at a price well below $50 ton.
True. I am no expert in mining but friends who are often mention many overseas resource rich areas that could replace Aust. Places like Brazil etc.

Places where people don't expect to get paid over $100k for driving a dump truck.

I really hope our mining is strong for a long time but it is just as vulnerable to our high wage rates as any other industry.
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  #46  
Old 17-01-2013, 03:49 PM
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FMG costs are pushing $90 ton due to the grade and costs associated with buidling the infrastructure, roads, trains, ports.

BHPB are a a bit over $50 ton I believe.

One advantage Pilbara producers have is grade quality and relatively close proximity to Japan, China. We are a reliable supplier and have been for many years. Other countries might have the resources in the ground but getting mines built, roads, built, trainlines built in Africa for instance is not cheap nor easy, full of soverign risk associated dodgy governments too.
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  #47  
Old 17-01-2013, 04:20 PM
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I must admit, the inner bogan within has been interested in the F6 r-spec for cruizing/performance and comfortability reasons compared to my stiff unconfortable wrx lately.

My mate is selling one. Makes 595hp at the wheels on pump.
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  #48  
Old 17-01-2013, 04:56 PM
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The bogans will just migrate to the V8 SUV market such as the Jeep SRT8 and will donk up their tradie utes.
Exactly.
Follow the USofA lead with bling SUVs and rednecks in pickup trucks.

They won't go for small cars, even with a turbo.
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  #49  
Old 17-01-2013, 05:08 PM
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Fark.

I'd better cancel my order for the Jeep SRT
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  #50  
Old 17-01-2013, 05:14 PM
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Fark.

I'd better cancel my order for the Jeep SRT
easier to grow a mullet and buy a flannel shirt
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