bhp sabotaged chinalco:fmg china's best friend, page-4

http://www.mining.com/ex-rio-tinto-exec-calls-china-a-dud-investor-says-aussie-concerns-are-overstated-29604/


Petey888, China would welcome that.

It is imperative for China to help Twiggy. Just read the article provided in the URL to see how RIO's exec pokes fun at China (see article).

China has stated an objective to own 50% of all their IO imports but it has pretty much come to nought so far. Hence FMG's survival (by implication all Pilbara juniors) is strategiclaly crucial for China.

Lending a hand to FMG (to save China COUTLESS FOLDS MORE in the future) is a logical conclusion. Wouldn't be surprise to see Twiggy going to China anyday now as he must draw up the contingency plan in case the syndicate loan with wetesn banks hit a snag.

China also knows for that same reason, Atlas is vulnerable to low ball offer from the likes of Glencore/Xstrata.

Perhpas this is a an opportunity for FMG to work with Atlas, Brockman to kill two birds with one stone.

Perhaps Gina can then join the party later on.