"The result could be a full takeover of the emerging miner, Mr Spring said."
This is still unlikely without board approval in my opinion.
However I hope the "extremely positive catalysts for the Pilbara iron ore sector" will not result in BRM shareholders being sold too soon. This will not be positive for BRM shareholders
The BRM board has been good to shareholders to this point, and it looks like they have assisted Wah Nam acquire its stake - these are not conflicting interests, at this point it is a great positioning for a strategic alliance.
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