Ann: Maiden Mineral Resource at Western Pilbara S, page-15

re: Ann: Maiden Mineral Resource at Western P... Ha ha ha! Rain water tank! All down to planning.. :)
The key point about the NPV is that even if IOH can't get the rail access etc there are obviously others who already have it thus any future (possible) bid for the company or assets of the company should give some ground in favor of the higher price as KS will just not budge otherwise.
Also the recent statement on upgrade at Dragon provides a nice carrot for RIO who (to make best use of existing rail) will need to up the production from the Mesa mines as the older mines tail off. That is where I was going with the 30mtpa comment recently. IOH may not have the solution, but for the right price others certainly do...