alliance deal terminated, page-19

If it weren't for the recent history of this company then today's announcement would be a lot more positive instead of being met with cautious optimism. Potential end users of the MUIOF would have to demonstrate that they have the ability to get their project up and running financially and logistically - not sure if they would have had to have this ability towards the end of last year when the two consortium submitted their bid or in the near future when the winning consortium is announced. Finance for railway infrastructure is a step in the right direction but there is no need for any rail infrastructure without an operation mine and no mine without port allocation. Interesting to see how the share price reacts in the next day or two.