implications of afferro being takeover by imi

Hi Everybody,

Maybe this might end up as some good news... eventually?

Jindal wanted Afferro but recently pulled out of talks, maybe they want something bigger?
http://news.yahoo.com/jindal-steel-ends-cameroon-iron-075114859.html

Mean while...a bid has been lauched for Afferro.

Afferro Minings Nkout deposit is located in the south of Cameroon at the heart of a rapidly emerging iron ore district, with economic benefits possible from cooperation on the infrastructure solution for the area
330km from proposed deep water port, currently under construction near Kribi, and 30km from proposed rail corridor to the port.

IMIC makes takeover bid for Afferro Mining

http://www.miningweekly.com/article/imic-makes-takeover-bid-for-afferro-mining-2013-04-17



Kind regards,

Tongal