For buyers of 30 cent per tonne iron ore the OPES scandal and recent spike overhang has worked in their favour .
The scoping study was due 2 weeks ago . We know the two Chinese parties have preferential and confidential treatment in regards to company information .
I suspect we are due at least a shareholders right to view the report soon . Whether a massive equity position is taken up by one or both of the Chinese parties is fair speculation I feel . Fortescue certainly has helped remove ambiguity over rail access . It's not like the shareprice hasn't done some good time consolidating below $2 .
BRM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held