It goes without saying. We all know if Balla Balla gets off the ground that they will be using Flinders iron ore. Again, in Saturday's West Australian the Balla Balla Project was named but still only as a possibility however I believe Todd is in too far now not to proceed.
Not guaranteed of course but I am feeling confident of an Offer before March. If this happens, how will our Board explain to the ASX and ASIC that this very lowly, pooriron ore Mine, the PIOP, was not worthy of any ASX Announcements but worthy of a Third take over Offer?
It has to be a substantial Offer otherwise no point in going to the trouble particularly if Canegrass is wanted too.
Shareholder oppression, page-8
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