bc iron takeover similiarities

There is a few similarities between the almost certain takeover offer of BC Iron by Regegent Pacific and the Wah Nam bid for Brockman.

Both Regent Pacific and Wah Nam are Hong based investment companies.

Both own copper mines in China.

Both aim to become new forces in the mining industry.

Both have launched takeover bids for iron ore juniors of a similar size to themselves.

Will Regent Pacific be offering cash or script? The speculation is cash, due to the so far unsuccessful nature of Wah Nam's bid.

I think there are a few points that relate to BRM regarrding this bid.

1 There is still strong interest from China (inc HK) in Australian resource companies especially iron ore. This should be positive for the BRM share price.

2 If it is a cash offer, will Wah Nam learn from this? Will they make a cash offer?

3 Could Wah Nam sell their stake in BRM to another interested party who then attempts to takeover BRM?