People have been saying RIO RIO RIO since the 1st T/O offer in...

People have been saying RIO RIO RIO since the 1st T/O offer in 2011, including myself. Once the T/O failed it reinforced to me that RIO are not interested in FMS and I have dropped it off my radar, but others have continually hoped.

If FMS get to 1c then there might be some interest, but there is still hundreds of millions of dollars RIO would need to spend to get this off the ground, and even then, with most forecasts including the majors stating that from 2015 IO will be in surplus, it does not look good for RIO to buy FMS.

On another note I really hope that even if BCK did offer a script T/O that FMS directors would say 'NO', but who knows.

I havent looked at the synergy between either AGO,BCI or IOH, but I wouldnt mind either of them to make a script bid for FMS.

I would have more faith with the above companies to develop the FMS resource than FMS themselves.