Fella,s No good complaining about Twiggy,s change in attitude towards small companies heading to production phase,
his success in pushing forward to 155mt production target was always going to chew up his excess capacity he had early on.
You have got to admire the deal BCI did with Fortescue,giving up 50% of their Company to obtain access to rail and port facilities,that move has been a success for both parties especially BCI whose s/p was 20c in jan09 and now sits around the $4 mark.
With the positioning of FMS to FMG new rail spur to Firetail,
we should be following BCI lead and pushing for a FMG connection. It would be easy to road ore the 50k to rail(est)
and we could even offer to forfeit the $8m he owes us from leases we "gave" them in 2007.
good luck--we need it !!
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