Hi All.
If BRM are worth $10 to $15 with rail,what are they worth with out a rail deal?
As some of you know I have always been a BRM fan.
WNI obviously do not have people capable of running an iron ore company.
What is also obvious to me is that they are the front for others.
The cash for buying BRM and FRS shares is coming from these other companies/Chinese Government.
If there were doubts about getting cash for rail and port,they would be silly buying into BRM and FRS to put them selves in the same situation as BRM and FRS.No rail or port.
Ask your selves another question.
Why has FRS not been bought up the same way BRM has been bought up?
FRS top three or four share holders are Chinese/Hong Kong run companies.They know they have the numbers to take control of FRS when ever they want to.
Some FRS management have connections to Hong Kong.
BRM and FRS will eventually be run by the Chinese.
BRM and FRS will have rail and port access.
What name the combined companies will run under,I do not know.WNI will not be the name of the future company.
Sorry to sound so dismal,but this is the way I honestly see it panning out.
Regards
Westcott.
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