bci and fmg

It would not suprise me if BCI and FMG did a deal together on FMS for a very cheap resource grab.
BCI has a very good relationship with FMG and also needs to add resource to its portfolio.

It would also clear the air with WA government on 3rd party rail if BCI managed the mining and FMG got a free stake in return for rail access etc etc....

FMS is to good an asset and so close to FMG and BCI mines not to get snapped up in my view.

I suspect they wait for cash to almost run dry and low ball around the 12 cents mark.

I would think a mixture of cash and script as both share prices are strong.

DYOR