technicals brrrreakout, page-34

Hi MG, there are two variation of my "out there" scenario,

I didn't save the post but I'll give the summary.

One ais n additional Chinese rail to Port Headland. BRM is already applying for rail corridor access to Port Headland, as a back up. An international consortium could fund this lead by Chinese interests (with Sinosteel being the main backer). Other parties could be NWIOA members and an international finance house. BRM's tonnages would underpin the foundation of the rail. BRM and other miners could be the third party customers of this rail.

Another scenario (maybe not likely) would be a Chinese JV with Hancock/Korean interests to build/help finance the Roy Hill rail that -$7.5 billion is a lot of money to put up for rail - maybe the Chinese could assist with sidings/double trackings to to allow more third party tonnages.

As I said in my previous post infrastructure costs in Aust. seem to be getting out of hand to the point of it being a competitive disadvantage. The government seems to have dropped the ball in this critical area. It may be up to vested interests to resolve this issue on their own.

All up, don't know how likely either scenario is, but it may be time to WR to think outside the box. Conventional wisdom has not taken us very far at this point. And if Twiggy adhered to conventional wisdom there would be no Cloudbreak rail.