mine gate sales unlikely at any stage, page-3

With all the majors cutting back production from current levels the prospect of a MGS would be zero.

RIO and BHP currently have an oversupply of iron ore, so why would they sign a MGS with anyone?

When demand improves, you'd think the first thing they'll do is increase production back to previous levels

If demand then exceeds the old production marks (which could be 2 years away) they can then de-mothball their already committed expansion plans.

Challenge for BRM is actually finding a customer. Pretty pointless applying for access on BHP's line if they don't have a customer to deliver ore to. Would be nice to see one of the much talked about MOU's materialise into something tangible.