chinese media says

scamming thr chinese news on hanlong takeover deal... they stated that the delay of the deal was because hanlong needed time to corporate with government owned companies in terms of the infrastructure.. rail way...port and they were spending time investigating the site... and already reached some kind of conclusions... they indicated that all the infrastructure would be built by chinese companies and the iron ore would therefore be fully controlled by the chinese government once the taking over finish...

developments was divided into two stages.. and the first lot expect to be finished in 2014..

they also hinted that two african countries have sent diplomatic teams to china recently to sign off mutual agreements before chinese official newsagent XinHua published the taking over news to the world...


i dare to assume that the counter bidder is impossible.. because at the breaking of the dawn.. i doubt any companies will have any sufficient cashflow or capacities to build infrastructures and develop the sites... china got this one and it is going be envied by other big mining companies for years to come in the future...