noble idea, page-3

Hi jonnes, good post.

The Chinese would not tell the whole world just weeks before hebei is to lob a bid for SDL asset that they (through purchase with real $$ approved by the NDRC and funded by the CDB) value a crappy high cost magnitite mine (tonkolili in strife torn sierra leone) at 20MTA at a whopper $6 billion.

When a 100% asset bid is made that's an INDIRECT takeover according to the cap raising ASX release. When that happens the next step would be either capital return to shareholders or likely a full blown takeover months later.

Cheque in the mail.