yes Jimmy the credit worthiness of fas must be a concern to the...

yes Jimmy the credit worthiness of fas must be a concern to the people choosing the successful three companies to get port access.

It could look a little embarrassing for the government to build a $200m port expansion with a take or pay guarantee from a company with close to $10m in overdue debt and no cash on hand to develop their mine.

They have to get an off-take agreement and a big cash injection very quickly to get selected for port access or they will have a stranded resource.