well said chelks , also most of the juniors that dont have a rail access there only hope is to keep finding iron ore reserves and hope one day somebody will buy them out ,
however bci have permission to ship 5 million tons of iron ore a year , mike first preoccupation is to get nullagine up and running so bci can become a producing ,and profitable iron ore company (dec 2010 ) , and then over time we will develop the other deposits . This is exactly what rio and bhp do although in a smaller way !
( without rail juniors have nothing except the hope one day somebody will buy them out , hence for these companies there only wayout is to keep finding iron ore )
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