STEPHEN BARTHOLOMEUSZ: No, he's got the Atlases and the BC Irons of the world and they are minnows and their deposits are small, they're relatively high cost compared to the big Pilbara producers and they're relatively low quality compared to the bigger producers, which makes them vulnerable.
http://www.abc.net.au/insidebusiness/content/2013/s3812592.htm
This is how this bloke spoke of our beloved company on inside business,it may be true but we don't need a new train line and we are making very good money at the moment!Still worth a read of the transcript of sundays show,basically its going to be very difficult(and thats being kind) to get anyone to stump up the money to build a train line to service these stranded deposits when they are small and there seems to be a glut of iron hitting the market in a few years from the big boys with cheaper costs.
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