News: Fortescue hits out at rail line proposal , page-2

re: News: Fortescue hits out at rail line pro... Interesting development.

It looks like BCK has come to blows with BC Iron and FMG re rail.
BCK board must have strong contacts to want to go it alone.

BC Iron.- "The junior iron ore miner questions whether the line can be built without broader support from miners,
according to media reports.
Under the terms of the rail plan, Brockman has inked an exclusive deal with Aurizon to develop the Pilbara's first
independent rail line.
But BC Iron questioned whether the plan can go ahead without support from at least one more larger junior iron
ore miner working in the area."

BCK is not going it alone. It has signed a MOU with Flinders.

*Fortescue Metals Group Limited (ASX:) has hit out saying there was no logical basis for the move.
In a submission to Western Australia's Economic Regulation Authority, Fortescue said there was no capacity
available to Brockman on the railway.
The miner also says opening its rail line to Brockman - which is seeking annual shipping capacity of up to 20 mega
tonnes - was not in the public interest, would not increase competition in the highly-fragmented iron ore market and
would result in the inefficient use of the railway.
Fortescue says if Brockman trains were introduced, it would delay any future expansions to the railway, resulting in
lost iron ore sales.
Brockman has previously negotiated with Fortescue but is now attempting to gain third-party access to the miner's
rail line through the regulator.
Fortescue generated a net profit of $460.3 million in the first half of fiscal 2013."

Can someone explain to me, what Fortescue is up to?

"Fortescue said there was no capacity available to Brockman on the railway."
Yet they are
"against Brockman Mining's attempt to build an independent rail line,"
More trains would resulting in lost iron ore sales. ???
I must be lacking in english or dumb?