What do you think the chances are of if FMG sign a rail deal, we do a large placement to them to lock them in?
I can't see WN voting for it, but it would be a legitimate risk minimiser for FMG to regain significant control of BRM, enough for them to take the risk of signing a deal.
Otherwise, the terms of rail would have to be so far in FMG's favour that they would possibly be unprofitable for BRM.
Food for thought anyway.
BRM Price at posting:
$3.28 Sentiment: None Disclosure: Held