can the deal fall thru?, page-27

bargiee
Not disagreeing, but remember that at some stage FMG will mine the deposit right next door to FMS and it may suit them to add this deposit as well. On probabilities I would bet with you, but you never should ignore the long shots.

What we are failing to see is that FMS slots into the viability of the port to be established.

Morgans are probably either bankers to the Russian or tribal relatives and they are big holders of FMS either in their own right or holding for others. Both Morgan and the Russians may have affiliations to a third country which could be a driver and which the Australian Government is choosing to ignore.

The big three iron ore miners will not want a competitor.

Our best interests are served if this deal falls over. We could make dollars in the next five years and dollars are better than cents