BHP / RIO bidding war would have never eventuated over area anyway.
Railway is very economical deposit on its own and will sell itself. High Grade, Low Work deposit.
If you held when BHP bid for RIO last year, you have to ask yourself what would have been our chances back then.
IMO if anything, interest from other parties has probably increased. It will then come down whether the new JV will take us out or let who will ever own Railway a foot in the door.
Cheers
UMC Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
