Hi Gone Surfing try this link mate sums it all up IMO
http://www.abc.net.au/news/stories/2009/06/25/2607847.htm
"....It is understood interested buyers include Poseidon, a small WA-based company which has a big backer - iron ore mining boss Andrew "Twiggy" Forrest.
Mr Forrest failed at nickel mining in the 1990s when the Anaconda nickel project fell over.
It is believed he has good financing connections in China and industry sources say he would be keen to succeed in the nickel space..."
posideon and ravensthorpe ni, page-8
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