valuation, page-39

chelks sorry just joking around seriously i think its simply through fmg we got a much better deal its as simple as that ! forests contacts are extremely widespread , and certainly with fmgs help bci has some incredible contacts in china etc

will fmg one day launch a take over , honestly chelks i dont know but what i do know under 4 dollars the major shareholders will not sell (regent, consmin )

myself i think fmg would be mad not to buy us out especially because the io price is very strong and demand is robust and if we are actually taking capacity from the rail line in the future when the line is full we might be costing them 120 million a year in lost revenue ! THINK ABOUT THAT

the is a rumour in the market fmg are about to secure a major funding deal its possible that fmg are waiting for the funds before they strike

Chelks however i do hope in my heart that the majors leave us alone because the future gains of holding bci with their strong management will be far superior than even somebody paying 4 dollars a share! enjoy your weekend