It can all happen very quickly from here.
AKI released 121Mt resource at 46%Fe on 27/10/11....Exxaro bid came less than three months later on 12/01/12.
AKI had rail access of 10Mt p/a. EIO have suggested 20-50Mt existing rail capacity (with loops).
The metallurgy due early November is the final key now IMO. Those that aren't set may have just one more month to do so before the massive re-rate arrives.
It can all happen very quickly from here.AKI released 121Mt...
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