Which makes me wonder just what their motives really are. Surely from a purely commercial perspective an FMG deal would have to be the best fudiciary outcome?
These guys (WN) have demonstrated absolutely nothing in the way of skills remotely connected to iron ore mining and would struggle, in my view, to correctly get the car to pick me up at the airport let alone raise circa $2 billion and build an Fe mine.
Are they just a puppet for someone larger?
BRM Price at posting:
$5.95 Sentiment: Buy Disclosure: Held