think big, page-6

Arh is just petty cash to Dr Palmer.
This new company to be listed will have another few billion tons of iron ore thrown in, he is looking at doing a Fortescue. This will just be another iron ore play to compete with. By the time all these iron ore projects come on line, the price will plumment to US$50/ton again.
Only the current producers are going to make the big bucks.
The cost blow outs for the construction will be like BHP's Olympic Dam
http://business.theage.com.au/bhp-feels-the-squeeze-at-olympic-dam-20080529-2jff.html