there wil be blood, page-25

Part of me thinks riddick was pulling some legs to get a bite & wow finally others are speaking up instead of the very knowledgable regulars who contribute some great stuff but possibly put off the less informed.

Colin Barnett has put a capper on Geralton of 12m tonnes per company. Not sure if only for new coy's. This is to come into effect when Oakajee comes into operation. This is part of the gov's push to force customers to use oakajee to protect the gov's investment. Both GBG & Asia iron are restricted by this (WA Business news - today - subscription only - can't post link)

While riddick challenges who will be around to use it he is forgetting that the other small no hopers wont have to worry about the issues that could have potentially crushed them like how are we going to get it on a ship from here.

MMX will build the port! How they build or who's money we will find out but it will get built. The gov will protect it. MMX also want to build rail to give these coy's a chance to use the port for a fee of course.

MMX while having poor DSO for now does have a decent resouces to use but its also a diversified company in that it invests in infrastructure unlike the others. So it will survive.

If sino walked away MMX would snap up the unviable (B_l_S_it) operation.

MMX MIS & GBG alone will be able to give Oakajee credabilty without even naming anyone else.

Now all those others MGX, AGO (Midwest arm they own land near MMX) GWR etc will be able to use as well & will not have the start up costs or trucking costs they may have had.

Oakajee is coming. The others miners will stay (especially if BHP/RIO team up).

I believe there are a few good coy's out there. Prices are good & demand will return as the world gov's use infratructure to create job's.

GBG is uniquie & has very good potential but is still yet to get started with production. When it does watch out. But it must be a key contributor to Oakajee as defined by gov restrictions. So it needs its partners in the geralton iron ore alliance to work with it.

MMX & GBG are the two strongest IMO.

Good times ahead