the faithful, page-6

I see from this article

http://www.fool.com.au/2013/07/23/australian-iron-ore-exports-growing/

that Rio can spend $5bn to expand its iron ore production by 70 mtpa. (290 mtpa to 360 mtpa)

If Rio were to offer 12 cents a share cash ($250m) for us and if our capex is $250m as per the latest Flinders Presentation, then Rio would, by buying us, get an extra 5 mtpa for $0.5bn. Buying us isn't quite as good for them as expanding their own mines but it comes quite close. Fingers crossed for a good quarterly activities report shortly.