Ann: Rutila Invited to Negotiate a State Agreement with WA Govt., page-17

A fair go!!? What does that mean?

Rio and BHPB are the big two because they built their key infrastructure and locked away most of WA's high grade iron ore 50 years ago. The junior iron ore miners (including FMG) will battle to survive the next year and wannabies like RTA have no hope. Who will lend this company $2 billion to get and iron ore project up today? Answer nobody.

The only reason this company is getting a "State Agreement" is because it says wants to build a railway. You can't build a railway (even a State owned railway) in WA without legislation approving it. The "State Agreement" puts things like rail share, access pricing etc obligations in legislation. But which company follows those commitments anyway.

There would be no "State Agreement" for RTA if they were to road haul ore to a port. BUT its good politics for a poor performing government and good for RTA to show banks. All in all a waste of time which will not produce a mining export project.

This $2 billion plus project/s will never see the light of day.