who to build the raiway, page-2

I note that the announcement today detailed the rail deal under the heading Horizon II. First part of that is McPhee etc but then it's the South Pilbara deposits which are nearly double the size of the North Pilbara mines. In other words if the value in these can be realised it would be VERY significant. And a rail haulage deal would also enable a swap to rail for some/all of the North Pilbara mines.

Once a deal is done you have to expect a rerating surely.

H