I have made mention in the past of the double edged sword BRL being in business with Talleys is. BRL continue to promote the further options they have on the coast for their own expansion, however Talleys are well aware there is limited infrastructure, rail and port space so would not be at all interested in having to share these with 100% owned BRL assets.
Talleys is a very strong corporate and have made two very smart moves with thier dealings with BRL, one having equal say at board level despite only owning 35% of BT mining and the other taking a takeover blocking stake in BRL itself ( 12% from memory) and done in such a way that it blindsided BRL management.
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