Richie,
Forget any speculation on purchases or takeovers. These guys are well on track to production. This latest announcement is an ingenious play for direct rail access and a huge tick in the box. BND has now reported port, above and below rail contracts and now a guaranteed offtake point. I'll bet the big players in the area who may have thought they controlled access didn't see this one coming.
I would expect, however, anyone looking at BND would be very impressed with their milestone achievements. Can you imagine the price of BND when the first train full of black gold starts heading to Gladstone.
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