My two bobs worth is that Oxiana would be puting the ruler over...

My two bobs worth is that Oxiana would be puting the ruler over all iron ore companies in the midwest. GBG especially as it holds pastoral leases and tenements that cross into Golden Grove teneaments. Add to that the fact that a broker analysis on the Ox has said that they need to lock in a non LME priced commodity to take the volatility out of its share price and be classed as a true diversified miner taking over the mantle vacated by WMC. The broker report named the following commodities;

Coal (paying a 16% premium to fair value)
Mineral sands (boring)
Uranium ( the Ox owns 50% of Nova/Toro but most projects are in WA where mining has not been approved)

One fixed based commodity they neglected to include was Iron Ore. I think Iron Ore would be at the top of the Ox's list especially due to the fact that their mid west tenaments criss cross with GBG.

My bet is a reverse take over of ZFX by the Ox and then a script bid for GBG.