wni updates, page-2

I agree Wah Nam is simply going to flip BRM to someone. Who knows, perhaps to the Russians.

They want a unified register so that they can on sell the company. The ore may be worth a bit (judging from Flinders Mines sale). But the port allocation is what's worth a lot more.

There is no way FMG or BHP will grant them rail access. AGO may buy the port allocation.

QR (as FMG explained) will never enter the Pilbara so an independent rail operator won't come to the rescue.

So the WN shares (depending on how much dilution going forward) and the time when these Chinese dogs dispose of the company, the WNI shares may not be that worthless so I hope.