Went to the RRS conference Yesterday (surprised actually that AGO has not posted the presentation, other companies that were there have posted). KB basically said that the usual about the Rail deal and that they were confident of a deal soon and talked a bit about the hub and the huge amounts of Iron ore around that area. Also he was very upbeat about China, saying the media hype is overdone and that China will be needing a lot of Iron Ore for Infrastructure as they continue to move people from the rural areas to the cities. Michael Pascoe also gave a talk, he said exactly the same thing, China growth is huge and will continue to grow, media is spinning the China Doom and Gloom and a lot of investors are falling for it and selling out at the wrong time.
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