Hi (schueym99)
BHP are in a tricky situation.
On UMC getting CRM interested in taking an interest in shares,BHP acted quickly to counter them,with the help of UMC management.
CRM with FRS have shown plans for a 180kl rail line to connect up to FMG rail line.
CRM have said they are interested in helping fund other projects with FRS and new tenements.
The Chinese have shown a big interest in funding and building the NWIOA port infrastructure.
If CRM with FRS,BRM and AGO look to build a rail line and port structure,BHP will be worried.
BRM I feel will not be taken over by BHP,the Chinese and Norgood,with others will stop any take over talk by BHP.
BHP will not want the Chinese building rail and a port.
The Chinese would then be a big threat to the big two if they then allowed other iron ore companies to use the port and rail.
I feel the big two will allow BRM,FRS and AGO to use their amenities to keep the Chinese at bay.
BHP and RIO would rather the Chinese have a share in other iron ore companies who would use their (BHP & RIO) infrastructure,rather then BRM,FRS and AGO join with the Chinese and use their rail and ports.
Regards
Westcott.
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Hi (schueym99)BHP are in a tricky situation.On UMC getting CRM...
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