macarthur eyes bbi's coal port, page-10

Dogby,

if your reduce debt you pay less interest. If you have a strategic partner to share development costs, you receive more income (assume pre sale income as I don't know)with less debt.

My logic right or wrong, leads me to believe that as credit markets are tight, you will find consolidation of aligned interests. In other words, companies will come together to share costs, resources and rewards because it is their best interests. Win/Win situations.

I apologise in advance for bad spelling or grammer.