For those of you who don't believe Wayne,or the expert...

For those of you who don't believe Wayne,or the expert posters,then today's AFR should be of real interest.

Charlie123,thanks for alerting us to the sad situation facing Murchison Metal's shareholders as they see their 50% of Oakajee sold due to an inability to finance their share of the infrastructure.

AFR page 18 today:"Murhison's plight,despite optimism over the eventual sales price for its assets,places the spotlight on the value of owning rail and port infrastructure in a tightening debt market".

In other words,the assets went cheaply.

Thanks Wayne for securing our rail and port facilities.Whilst the income from both paid by third parties will be valuable,the ownership of these assets makes CDU secure into the future.