change your mindset about brm

A lot of us have spent several years assessing BRM from every angle; from my perspective it has been a great education process about the mining sector.

As of yesterday, BRM as an investment is not about a rail deal, I/O grades, BFS, funding timetable etc.

BRM as an investment now is what WN & its backers are prepared to pay to gain control.

The mining stuff is up to WN now. It's their problem. If they try to do deals etc. down the track with anyone, I think the trust factor will be almost zero, but that's not our problem.