also chimmey
what about grade. is 56% stuff too low?
also timing, it will come on about 2012-2013. Is that too late. IO oversupply then? If oversupply whats the point? Also rail capacity - how much will FMS get access to. No point having 10billion tonnes of iron, if you can only get 5-10mT access from FMG? FMG won't let users hog their line? They need to ship 200mT, and use it for their s/hdlers.
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