Given the way that they spurned BCK's approaches to access their railways, I don't think the primary Chinese shareeholders would be in any way open to such a takeover. There's way more financial gain to be made by getting the mine up and running rather than accepting a takeover price that only represents an in-situ value of the ore. Remember, BCK's primary shareholder and financial backer owns a fleet of ore carriers, I'm sure he's keen to get his own ore on the ships to ensure the ships are fully utilised.
Brockman question, page-5
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