Ann: Rutila Invited to Negotiate a State Agreement with WA Govt., page-19

Those numbers cannot and will not be real in my view.

These guys want to sell the market a DSO project which will require a $1billion+ railway and an $800 million+ port facility plus whatever the mine costs are before 1 tonne of ore is exported.

And its not a 40 year project its a 10 year project.

And who are the third party iron ore producers lining up to access the planned railway line? They will all be defunct within the next 12 months too.

I can see the line of banks stretching 10o metres down the road to be involved in this one - not.

I think a few bucks in Mr Curtis's old LYC may be the best way to go - not. Leave me out of this one but good luck to all you hopefuls out there.