Ann: Positive Result for Iron Valley Enviromental, page-6

re: Ann: Positive Result for Iron Valley Envi... I guess if IV was to cost $1.2 Billion Capex, FMG would be looking at a similar amount (ball park) at Nyidinghu.

So a partnership there (if possible) might give IOH the chance to split aspects of the Capex and thus make the project far more appealing financially as well as easier to get the lesser amount of finance if we go that way.

Of course the rail access won't come for free so that becomes the elephant in the room but if we could reduce the Capex we could probably rationalise extra costs associated with any rail deal (hopefully).