pilbra experience, page-32

FMS is our money and just because someone pokes his head out of left field you think we should sell them our assets for a song.

I really apologise for knowing too much as to what happened when that ship sank from the stern. It certainly did not go down bow first.

You think Google is wrong. When I worked in WA in the mining design game I met a lot of people who came out of that world and what we are witnessing with this offer is a reflection of what went on over there big time. A very small number of people getting control at everyone else's expense.

What is it 980 million tons, mostly over 60% Fe with I think only 60% counted which means possibly1.4 billion tons with a profit margin of 100 a ton give and take a bit? Thats 140 billion minus say 10 billion costs equals 130 billion dollars and that's allowing nothing for the vanadium and magnetite at cane grass.

You think ASIO should not look at a situation like this, giving away 130 billion dollars in assets for 0.6 billion.

That bloke in Melbourne who sends out letters offering to purchase peoples shares for a song, you think if you get one of those letters you should sell to him. Our mate Viktor is not much different.

If it had been anyone else the ball would be rolling by now for a higher offer, but not for our mate Viktor, as anyone with sense understands it may be possible to get rid of him by other means. We all want a higher offer and what stands between that and us is what is written in that Google search.

We live in this country with a legal system that is fair and enjoy the benefits of a wonderful country. Where our Viktor comes from that is not necessarily the case and if you really troubled yourself to read Google on him I think the realisation of that might sink in.