Street Talk in the AFR today speculating potential FMG rail...

Street Talk in the AFR today speculating potential FMG rail access for IOH's Iron Valley deposit on a 5mpta basis as a means to increase the value of the minority stake on sale in FMG's TPI infrastructure unit.

IOH and MinRes did say cheaper mine to port options would be looked at rather than the road solution being contemplated.

Could quicken operations at IV and maximise value, as well as bring a lot of market attention.

Also explains the big cheque we cut FMG for early termination of the option.