half a million!, page-9

I don't see any rail deal in the near future unless the IO price goes under $100/t then both parties will come to the table sooner rather than later.

In any company whilst profits margins are high there is no real urgency to tighten belts so to speak. When margins are tight people tend to scramble to find saving anywhere they can, Just human nature I guess, Good margins and they'll just sit back and take it in stride.

No time frame was set for a rail deal, Timing was given for a equity partner for early FY14, So its a guess but we should see that deal before any rail or port solution.