roman abramovich may be making offer for cfe

Australian Financial Review's Street Talk column notes
speculation Russian billionaire Roman Abramovich is considering making an offer for Cape
Lambert Iron Ore (CFE.AU). Newspaper says talk gathered pace yesterday that Abramovich,
who is part-owner of Russia's biggest steel maker Evraz Group (EVR.LN), is behind a
Merrill Lynch nominee company that exercised 56 million options, gaining a 14% stake in
the company. All eyes likely today on whether Evraz pops up on CFE's register. CFE
not immediately available for comment.

Last trade: 76c