flannagan rules out a tilt at brm, page-13

Think a FMG haulage deal is the only way out (and imminent IMO)

FMG won't buy BRM per se - their ore is far superior and more than they can poke a stick at.

If FMG is on a shopping spree, IOH is the one IMO.

High grade 62%-64% DSO fe (although somewhat high in sulphur in areas) and a billion tonne of resource defined ALREADY.

The positive for BRM is the NWIOA port allocation.

With FMG deal, BRM sp should return to $5 + in a flash.

As production gets near, then $7 is not out of the question. Just look at BCI a couple of months ago before this Greek thing flared up again.