“If the Western world is serious about relieving itself fromthe tyranny of Chinese control it will be doing everything itcan to keep it in friendly hands. That brings companies likeBHP, Fortescue, Lynas and RIO to the table. None of thesecompanies would be comfortable making a pre-emptivestrike before a feasibility study provides the answers to tickall of the boxes. They don’t want to run the risk of gettingover-excited in a public fashion on speculative projects.However, with a publicly released Feasibility Study, thegloves will come off as they sharpen their pencils.None of these companies will confirm or deny their interest.None of them will be disclosing their hands prematurely, but if rumours are correct, the troops are being mobilised already. The fuse has been lit. We just have to wait a littlelonger to see how big the bang will be when the first shot isfired. This is an example of a special situation that willfeature, even in a bear market.”
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