1. Redundancies have a positive effect on long term profiitability and therefore worth the cost, this is why it happens in every company
2.You and I paid for the repairs http://www.brisbanetimes.com.au/environment/weather/gillards-flood-levy-sets-off-wave-of-criticism-20110126-1a5ez.html
3.New contracts in Iron ore and Coal
BHP has been building and running their own railways and as the recent announcement suggests they are more than willing to compete with QRN. It may not be a monopoly for long and as such QRN needs to get efficient to get going
QRN Price at posting:
$3.33 Sentiment: Hold Disclosure: Held