talking down the track Saracen and just playing a bit of "me...

talking down the track Saracen and just playing a bit of "me too" with phosphate Austrailias plans :-), when RP prices are back over 250/T, things like ports and rail, slurry pipelines all come inside budget. Whatever gets our RP to the coast in volume the cheapest long term is the way we will go eventually. To have a gulf port in the end would be justified and paid for by many mining companies not just Mak. Right now of course - throw it on a truck and get it existing infrastructure.

But thinking five years from now when we are restricted to 3mtpa still and RP is a licence to print money - don't write any of these options out - the calculator will pick the winning transport option.