Mike and Andrew are probably mates. BCI gave FMG half the assets for use of FMGs rail and port, no-one else has scored such a deal.
Then when the vultures were circling FMG during the spike down to $80 for IO, BCI bought back 25% of the JV, very convenient, the cash for FMG. BCI did well out of the deal as well.
In regard to the deal and access to data, I'll bet J. Hronsky has a pretty good handle on most of the data already, plus a good idea where to drill.
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