If you are wondering what a Champion Chap might think ....
well it might would go something like this :
The Past Actions have cleared the Path
that Todd
Had, Has, and Will have........ for FMS.
They .....
Need
Want
And HAVE TO HAVE OUR PIOP..... simple Fact....
plenty of news articles to support.
SMH - mining and resources section -
todd-corporation-increases-takeover-bid-for-flinders-mines-wins-board-support-20160509-gopopv.html
May 2016
"...Successfully completing the takeover would increase Todd's footprint in the Pilbara and take it a step closer to completing a long-held plan to develop PIOP as an integrated project with the nearby Balla Balla infrastructure project.... "
Almost 2 yrs ago and what a change.
looks like someone is in a hurry and running out of time
Here's how it has played out so far
2016 The Process Began...........
1. (17 March 2016) Todd (1st) Offer
Take over offer FMS Shares @ 1.3c
2. (9 May 2016) Todd (2nd) Offer
Increases Offer for FMS Shares @ 2.5c
Declares that this is the FINAL OFFER. mmmm ....
3. (18 Nov 2016)
FMS receives Environmental Approval for expanded Pilbara Iron Ore Project.
(Positive)
4. (25 Jan 2017)
BBI GROUP Signs State Agreement with W.A Government.
BBIG Infrastructure Rail leads Straight To the "Core" - FMS PIOP
(Positive)
5. (3 February 2017)
OCJ increase to 21% Holding.
(Positive)
6. ( 24 March 2017)
BBI Group (BBIG) has signed a memorandum of understanding (MoU) to partner with China State Construction Engineering Corporation (CSCEC) for the construction of the Balla Balla Infrastructure (BBI) iron ore project inW.A.
(Positive)
7. ( 31 March 2017)
Strategic Review Started
Will it be an increase in Quantity of Iron Ore ??
(my guess "Yes")
(Could be very Positive)
We are the Core to BBIG PROJECT
And Todd's long-held plan"......
The Western Australian article
flinders-boss-says-five-years-for-ore-on-train-ng-b88498564z
7th June 2017
"It is a tricky assignment, for Mr McAdam trying to reconcile the interests of majority shareholder, New Zealand’s Todd Corporation, and China’s OCJ Investments (21.2 per cent) with a significant and vocal band of smaller retail shareholders.... “From the Todd perspective, they clearly want to see the mine developed.”
Hang on to your shares folks. It's all happening.
Stay tuned. This is just my opinion of course.
Good luck to us all
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