From Brockman website
http://file.irasia.com/listco/hk/brockmanmining/announcement/a130912.pdf
Extract
Brockman’s preliminary guidance from the ERA is that its determination of the floor and ceiling costs are to be divided by the total capacity of the railway line, i.e. 155 Mtpa. On this basis the floor cost would equate to AUD0.55/tonne and the ceiling cost would equate to AUD2.04/tonne. Future negotiation of the Access price will be confined to this range.
Question
If the access price is based on 155mt total capacity of the railway line, and FMG is ramping up to 155mt, I am confused, how then can Brockman transport their 20.0mt
I wonder if the HK - ICAC enquiry will now put paid or hop FMG with their opposition to the deal.
The company (BCK) also operates limousines and hire car car business in HK, this really is a diversified mining company
From Brockman...
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