Hi Ocka
Heres my theory (only my theory)
FMG,RIO hold the monopoly as far as transport in the Pilbara ,plus Gina.
We can see that FMG will stop at nothing to not allow others on their railway (re:BCK) They don't want the competition.RIO did the same to FMG,So FMG built their own,
Still not much competition up there,only the 3.
If FMS/RTA build a railway:
1: There will be 4 (more competition)
2: FMS ore much better quality than most (more competition)
3: FMS/RTA will possibly allow others access for extra revenue (even more competition)
I some how think with the deposit so close to FMG rail.they would be cutting off their legs not to wipe FMS off in a takeover or something.
If their thinking the WA government wont give them approval,think again.After the Ockajee stuff up they need to redeem themselves and what better way than another nice railway.Think of the WA govs benefits?
Its really a win win for FMS only thing is we don't know which way its gonna go.
As iv said before,i have total faith in FMS,just not the board.Need TODD to send in one of there boys.Then were talking!!!
Im still amazed that the sp floats at 3cents after all that's happened.Bizzare!
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Hi OckaHeres my theory (only my theory)FMG,RIO hold the monopoly...
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