rio option

There's been much talk of RIO being one major player who may be interested in FMS. FMS need to ensure however they have various options up their sleeve. Assuming RIO is a goer (or any other major player for that matter), IMO FMS shouldn't enter into an exclusive arrangement. I take the example of IOH who entered into exclusive arrangements with RIO and entered up with zilch at the end of it, with it seems no backup plan and have been plodding along ever since.

Perhaps one strategy is for the smaller players to merge - if it makes economic, logistical and practical sense such as the likes of IOH and FMS. In this case, as it currently stands they would have over 1 billion in resources. They could be another major force which would increase competition in the I/O space.

Just a thought...