regent pacific and brm

Coud Regent Pacific be interested in BRM?
BRM ticks the boxes, and is likely to be the second company who negotiates a deal with BRM after BCI who Regent has launched a takeover bid which has been recommended by the BCI board.

Perth Now
24 January 2011

"Regent Pacific chief executive Jamie Gibson said the move is part of the company?s expansion plans in Australia.

?Our strategy is to build a mid-tier diversified resources group which is listed in Hong Kong. Acquiring BC Iron is the first tick in the box for that,? he said.

Mr Gibson said the company will continue to acquire resource companies approaching the production point in the Asia Pacific region, focussing particularly on iron ore, coking and thermal coal, gold and uranium.

....

Mr Gibson said it will be business as usual for BC Iron and its employees, with the entire management team remaining in place, through Regent plans an expanded role for BC managing director Mike Young.

?Mike will be front line and centre looking at other acquisition opportunities within Australia,? Mr Gibson said.