MikroI agree that they are only looking for supply not profit on...

Mikro

I agree that they are only looking for supply not profit on investment, however I fail to see why you would supply your country with power at one price when you can clearly get it cheaper by purchasing a different orebody.

It is true that bmn may have a fair size resource, but, the cost of extraction and slower treatment would surely cancel it from value.

I guess it would be wise to see who they buy their iron ore and other raw products from. Did they buy various smaller lower grade operations, or do they just buy quality and be done with it. I dont have the time to find the answer but would clearly be interested if someone else did.

I also disagree with you that some holders would not let go under $15.00. I would not be surprised at all if this current market and the consideration of the length of time that some have held, that if $12.00 were offered on the table, with a little negotiation, some would give up their holdings.

As for me, well, who knows when touched with reality instead of dreams.

Harlee