Hi Sailing Kid and thanks PS for starting this thread.
I see many questions regarding a FMS / BBIG merge. What I want to know is what other infrastructure or transport solutions have been considered?
The Todd Corp railway cost solution has risen from 1.2 billion a few years ago to now a few billion. Is the BBIG railway in the best interests of us minority shareholders?
I look at how innovative MIN have been coming up with a shuttle system which is 20% cheaper to build than rail with very low running costs powered by hybrid battery tech. Has FMS considered this?
https://www.google.com.au/amp/s/amp...per-iron-ore-mines-for-longer-20170816-gxxeaz
So does FMS even need BBIG?
And instead of dilutive capital raises why has FMS not considered a DSO (Direct Shipping Operation) to generate revenue? A smaller 5mt or 10mt per year operation could be undertaken using trucks with the Ore price near USD$80. This arguement becomes more compelling with plans to pave the road from pilbara to Karratha. FMS could use the Karatha port instead of Balla Balla if it was more cost effective.
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