no yilgarn nom yet, page-8

bergo,
i have thought that your scenario was a possibility for sometime but it did not seem likely. However, if such an event occurred then it would not be a 50/50 split on infrastructure because mitsu will be putting in huge bucks. It would be more like 33/33/33.

mitsu will pay mmx about 1 billion to mmx for 50% of mmx mines. Then mmx use their 1 billion to build and own 50% of the port and rail and mitsu put in another 1 billion for their 50% of the infrastructure.

Just imagine if mitsu offerred the same deal to midwest - result no yilgarn:

Just speculating guys - keep your fingers crossed