Ann: FMS Quarterly Report as at 30 September 2013, page-7

re: Ann: FMS Quarterly Report as at 30 Septem... Have a read of the BCK Quarterly. Both companies are clearing out non-essential projects. BCK has spare port capacity that we could use. The ERA floor and ceiling price is some huge amounts divided by the max rail capacity of 155m tpa, which works out at a rail transport cost of between $0.55 and $2.04 a tonne. No wonder Mr Forrest is fighting BCK access tooth and nail not with ONE but TWO legal cases: a judicial review of the ERA floor and ceiling price and a Writ of Summons (whatever that is) seeking a declaration that the access proposal by BCK was invalidly made. It sounds to me like we could get on the FMG rail on the back of BCK's efforts through the MOU to make an aggregation agreement. So maybe we are 60% of the way there to a mine-to-port solution. Once we've got a mine-to-port solution through BCK, maybe that is when both companies will want to merge? The role of Aurizon then is perhaps just to build the spur railways to connect Marillana and PIOP to the FMG railway? Mr Forrest sounds desperate to keep us all off his railway what with two legal cases.