ocean equities fe update, page-21

Don't overlook the obvious:

2. Opening up of BHP Billiton’s and Rio Tinto’s railway networks etc
... we believe there are incentives for both the major and junior alike to agree terms outside of any legislation and believe a break-through commercial agreement is likely to be achieved before any legislation becomes effective.

Additionally, we believe some juniors are in a better negotiating position to obtain third party access. The juniors we believe are best positioned to benefit from the opening up of incumbents rail infrastructure are Brockman Res., Iron Ore Holdings, Ferraus and UMC.

So is there a breakthrough deal in the offing? Pending perhaps?

One thing that makes me even more sure where this thing is headed is the almost blanket blackout on the stock within the general media/Oz broking fraternity. Why?

It aint because the smarties/analysts aren't covering it.