OCJ could be the man in Oz for Chinese to speak to if they want to invest in Oz . It’s a European style of operation. Offer a limited service rather than a full broker service as we know it. It’s difficult to know what the Chinese might want. They have Sino lron and Brockman. The Chinese development bank will have to get involved. IMO it would be strange to have a third I/O project in the area. I know FMS has high grade ore. Would it be better for China to buy the high grade as required and blend it in China? BCK down 20.7% today. So FMS SP not so bad. Indigo if we sell to Todd we have to have a ride on the first train lol. . they tell me, trains in the Pilbara now run on diesel. It’s been worth waiting. Toot toot Mahony there is no evidence IMO that todd participated in the cr. They could have been given the lot ie 15% of FMS shares at 2.5c but they have been buying on market at a premium of 16-20%? AT the moment FMS will be the biggest contributor to Todd rail in $$$$. People that lend to Todd will be doing so knowing that, and I’m shore they will be given the loans. Every loan organisation will be scrutinizing the Alliance. The loans down the track will be vetting the progress made towards conclusion. There’s nothing worse than having a project almost finished and cant get the last lot of $$$$, that’s why it’s going to work. The boards reputation is going to be on the line not to SH but to there peers.
FMS Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
