A few interesting points: 1. BRM showing 25MTPA from 2015 which is more than the 17-20MTPA that is always talked about by Wayne. 2. The yearly totals don't add up, hence the "Other" amounts. 3. It appears to me that other port facilities will be required before the 2 NWIOA berths at Port Headland are ready in 2013. 4. The annual totals from 2012 exceed the 50MTPA capacity of the 2 NWIOA berths at Port Headland. Perhaps AGO has other port arrangements? 5. The alliance's production is a lot of ore to potentially go on BHP's rail. Does anybody know how much BHP is currently carrying to Port Hedland? In any case, I believe that BHP is putting in a second track so they should have plenty of capacity.
Any comments?
BRM Price at posting:
$3.53 Sentiment: Hold Disclosure: Held
