candidate for takeover, page-14

Still think that a 3rd party rail agreement will be reached with one of the majors, as the costs involved to do it alone at this stage are just too much. Do agree with the last few posts that a JV with FMG could look good especially if some equity is injected by some major?

Here's a different thought. With these confidentially agreements in place, and the new mention of going it alone with a 200m line, what IF this was put forward to FMS? Let's say some overseas player/s wants this to go the full haul?

IMO I still think FMS will get taken over before they get into full swing especially as the resource increases with new areas defined