bhp and rail access, page-4

I reckon we're going to be lucky to get onboard BHP's rail - that's my hunch - having said that we might get a mine gate deal out of them, largely to placate WA gov. I know why WR wants the BHP deal, but the risks are increasing, we need the FMG backup via Cloudbreak.

I'm getting the sense that as MD WR might like to defer decisions on these big deals - you can say he has to wait for Wayne Swan's statement etc. etc. But sometimes market events seem to overtake him. We need to have our fallback position locked up, or we're going to get ourselves into some real trouble.