fmg deal and future moves by chinese steel cos, page-3

i just had a read of the annoucement from Epsilon (EPS).

you have to wonder what the hell is going on with AXO management, they have been susposedly dealing with Hebei/Chengde for the last 3 years and still nothing and then some company i have never even heard of are involved with an MOU with Hebei?

I mean, what are we paying management to do?

i see this as either the Chinese are trying to pressure AXO into dealing with them by dancing around with these other clowns or they are just sick and tired of AXO management not getting their hands dirty.

if its taken AXO 3 years to get this far how long will it take these other clowns to get to the same point as AXO?

well its about time we saw some action with Hebei either helping fund the project or AXO looking for other partners. this is a joke, maybe AXO should approach BHP to fund it?

please share your opinion.

thanks