It will probably be a cash injection from some Chinese outfit that will take half the resource in return for a paltry amount of cash that will send our share price up to about 7 cents. If it is better than that it will be a scrip (Aus Eng. script?) offer from BCK. Why else have they got rid of their limousine business? They want to be taken seriously as a miner? Also I expect there is some serious Chinese Govt. money waiting to go into BCK. BCK can't negotiate with FMG unless it has more cash?
After reading the salaries of our Board (something I didn't check before investing), I do now wonder if Ken Brinsden when he talked about lifestyle iron ore companies meant us. The salaries here might be the reason.
FMS Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
