AKM SP Talk, page-147

say half a billion EBIT imo from simple coking coal, and tarrifs.

proven value in market perception with its run to 600m mc previously in early days (before rail rationalisation) in 2011.

How did they miss this?? Under the radar, too many following the hot sectors, ignoring old potatoes of PCI coal.


They wouldnt have a clue about Russian, Chinese, Mongolian governments political will, and meetings to develop eastern economics.

Yet simple operation, and massive EBIT, whose going to get to prom?

Again, FMG know about it would say.

https://hotcopper.com.au/posts/34232133/single

"Fortescue Metals Group chief executive Elizabeth Gaines has urged Australian companies to take advantage of the “significant” business opportunities from China’s Belt and Road Initiative.
“Business in Australia should be looking at BRI as a significant opportunity,” Ms Gaines told The Australian.
“It is an unprecedented investment in infrastructure,” she said. “It is led by the Chinese, but it extends to a number of emerging economies along what was the traditional Silk Route.”

As for our cash flows, well, early FMG pundits would say, you build the rail first, and the market looks at forward earnings.