who went to the perth meeting, page-17

Some good points Pythagerous, I tend to agree re consolidation. Did you go to the meeting?

I don't believe building the railway is their biggest concern. For me getting the BEST financing terms (GOOD funding not just ANY funding) in this climate is the biggest hurdle. The more iron ore they find the more they can justify the railway, and having the cash can secure anything (including good labour, security etc).

I personally think people get a little unnecessarily freaked out by the whole "Africa-Timbuktu" connotation. As far as building the railway goes, Labour's cheap and plentiful, and would probably be headed by an International company so I don't share the same doubts in that area.

Cheers,
Tommy.