rim capital not happy, page-5

Hi Ross,

I believe that only thing CRM can do now to protect their interest is to make a take-over of UMC.

This would imho happen under normal circumstances as UMC was part of a bigger plan including FRS and probably more juniors.

So because UMC was part of a bigger plan, I think that we have a high possibity that CRM will make a take-over offer.

The BIG issue will be our government, will they approve such a deal and if they would we shareholders WILL be the winners, as BHP would be FORCED to come back with a higher offer.

As I said before, CRM has their motives behind this deal and so has BHP, and this has NOT just to do with UMC, but a much bigger play is here at stake.

Iron ore prices....

Good luck

jojo