question, page-16

This interview is on FMG HC forum:

"In an interview Twiggy was asked about the OBL deal and his response more than confirmed that which was announced by the company. It was all over the press – if it wasnt the real deal FMG would have objected to it.”

I would guess that it is out of OBL's control and they are not allowed to make comment due to the confidentiality of the transaction. They are only allowed to comment when a deal is signed or not going ahead.

At least we know that the deal is still on the table.

Fortescue would want to hurry up before they are trumped with a better offer from another party or native title comes. The deal is non binding.

The issue regarding share deadline is not a deadline for this transaction. I believe we still need to get shareholder approval for the options to be issued.

So if the deadline lapses, shareholders need to approve both shares, options and possibly a new director. An announcement would be made and a meeting probably in February. No real drama except FMG run the gauntlet of a shareholder vote.

I do not think they would have a problem with the vote.