Listen up fellas, the equity JV deal is a precusor to a rail deal. No point harping on "when is the reail deal".
Pretty sure Atlas and FMG have everything ready to strike a deal pending availability of cash from the equity sale.
There is no doubt if any resource that will attract the international miners, Indian, Chinese, Japanese, Korean steel mills and commodity traders, it's Pilbara haemetite DSO with port allocations to support the delivery.
Ken and Dave may be able to extract a very good deal taking advantage of the competitive tensions.
AGO Price at posting:
78.5¢ Sentiment: Buy Disclosure: Held