Gibonsky
If the deal falls over those shares at 27 cents may be expensive.
The best deal is to go mining and hope to get on a QR rail deal possibly including sharing a ship loader.
For what it is worth a ship loader loads a ship in around 24 hours. 365 days in a year minus maintanence period. Say the average ship is 200 T tonnes that's 5 ship loads to the million tons. Say 300 working days a year equals 60 million tons and if we ship 15 million tons then someone else needs to soak up 45 million tons. I think if QR builds the railway they will build the ship loader.
Thats where the money is made the majors make around 100 a tonne and there is over 3 T per cubic metre in ground.
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GibonskyIf the deal falls over those shares at 27 cents may be...
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