why do any when they still have the big 'ace' up thier sleave? with almost all iron spoken for, fwl has still to make its choice of buyer. that buyer is going to pay tons (pardon the pun) to secure supply in this market. fwl is doing the off-take thing like everything else they have done - carefully. with the right partner $400m capital will be easy in a hot iron market. patience pays.
takeover tarket, page-4
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