imo bigger is better. SDL reckon they have 35km of dso prospect. this could prove humungas.
GBG in australia, SDL in africa is a good spread to maximise global iron ore marketing in europe, mideast, india, china.
talk of 35%/65% relative holding values is a bit too premature at this point in time. its neither a good deal or a bad deal, its just a deal which forges a potential new iron ore giant to compete against BHP, RIO, FMG.
this is just the start imo which will pump up the urge for more mergers in the midwest to get bigger and better to achieve high economies of scale.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
