The key was for RTA to be invited to apply for the State Rail Agreement - now it is documentation then to Parliament - the Gov wouldn't let it get this far if there wasn't the required support to get it through.
RTA's earlier presentations show a huge amount of iron ore in the central region of the Pilbara, and as Edison report says FMG and/or API could also tap into it.
Considering they have one customer and likely more interested now State Rail Agreement is underway, an infrastructure solution to export (which is the key to iron ore), and "customers" as per Chinese MOU - this stock is ridiculously cheap
The key was for RTA to be invited to apply for the State Rail...
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