That's marginal so not taken into account!
Not worth mentioning.
Do you realise that Atlas had to write off a couple of mines and associated resources (millions of tonnes) last year because low IOP made them uneconomical with a trucking operation.
Seems to me that should an entity that has railway close by and the money to link those mines up than those millions of tonnes of resources come back on the books, instant windfall!
And as of today FMG has about $1.7B of cash on hand and no debt it can pay back early until March 2018?
So instant windfall on the books, a port allocation that can be used for pellets taking 10to15mt DSO out of the market thus lowering discounts on its current product.
Ducks might be lining up, but we'll see.
They've done pretty well up til now!
fmg and fe, page-1160
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