media this morning, page-4

I wouldn't write off some sort of AGO link just yet.

The Australian article indicated that all the negotiations are being done through the NWIOA. The NWIOA becomes moot in the absence of BRM - and Flannagan would know this. They are working very closely with BRM on a combined rail deal.

At the very least Wah Nam will want to JV with AGO and Hancock to make the project a reality.

They have come a long way and done well to surpress it. All the while they have done all they can to "de-value" BRM before making the low-ball offer.

I urge all minority shareholders to NOT ACCEPT the offer and NOT SELL your BRM shares. We know how they use their associates.... they have come too far now not to fail. They are a lot more desperate than they are making out.

Make them pay fair value! The project will cost Wah Nam more than $2 billion to build... they can afford a few more $100M to own 100% of it.