I believe that Sun Hung Kai Investments was the holding company...

I believe that Sun Hung Kai Investments was the holding company for Regent Pacific who sold out in January 2013.

Sun Hung Kai do have a 5.13% stake in Winmar Resources who have 51/49 Iron Ore JV with Cazalay Resources in the Pilbara. Their resource is sizeable but CaFe grades are sub 60% (58%.0).

Not sure the MGX merger would ever happen as BCI would prefer to play from their own songsheet via other possible deals such as Mindy Mindy in which Consolidated Minerals has an interest in with FMG. Chelkn knows more about this...

Given the rail access issues in the Pilbara and the politics around it, I am sure that BCI & FMG will want to maintain a strong and mutually beneficial relationship to assist with BCI's on going business and FMG's ability to deal with other juniors and the regulators i.e. the more FMG & BCI can work together the more likely they are to grow their own interests to the exclusion of other juniors who want access to the rail network.

Nice price action today.