@ Strezovce:Just curious; also with a JV, you have to 'give...

@ Strezovce:
Just curious; also with a JV, you have to 'give away' some of the future revenues, assets or so to attract a partner with cash/funding capital. FWL has plenty of iron ore to make MPI (300 mln tons of iron ore will give roughly 75 mln tons of MPI; total marketvalue > 30 bln A$. Even at 2 mln tons of MPI per year, Yalgoo has more than 30 years of iron ore, so no worries on that front)
But how do you see the (financial) setup of a JV?

Rgrds Klmarc