life in pictures, page-14

I realise there's been a lot of talk about FMG, but personally I'd like to see a deal with RIO.

They have full control over an existing rail line, and the port space at Dampier.

Also UMC is upstream of their blending plant at Tom Price. In other words, it could be sent (along with West Angelas or Yandicoogina ore) into that facility.

I suppose the real question is: are UMC deposits big enough to interest RIO?

This... we will find out in time.


Joel