china cut back, page-28

I am starting to develop a split personality reading all the conflicting information in the media at the moment.

One thing for sure is this will certainly slow things up for a while - how long is anybody question?

Extract from last announcement - "only one week ago"

"The Company wishes to advise that it is currently negotiating and evaluating various alternative strategies and proposals with and from 3rd parties."

Whatever happens IMO Can't see interetested parties walking away because of one week. If anything terms to agreements may change a little but the end result to these "third parties" are seeking would still remain same.

Why is the world concerned about BHP/RIO takeover?

Railway already has a 20 year mine life based on the good stuff at 4MTPA.

People are opportunistic, how opportunistic some of these mills will be are yet to be seen, but this must be seen by some of the smaller guys as a window.

Have some R & R Planned for this week, this last few weeks certainly has been draining.


Cheers

Cheers