Trust me - BHP or RIO and the aussie gov etc wont ever give give...

Trust me - BHP or RIO and the aussie gov etc wont ever give give up the fourth largest Iron Ore Project this country has to a chinese/hong kong company, or if indeed it is Sinosteel doing the indirect route thru WaNam.

NEVER

This is peanuts for BHP thats all cashed up and looking

I honestly see BHP taking them over with a counter offer

Sad that the takeover offers have been made so early on in the project development phase as the company is REALLY worth a heck of a lot more than say $10 youd get from BHP

Run the figures and in full production at 17mill a year the share price would be trading multiples higher

Even 10bucks from a BHP is CHEAP......and they KNOW IT

Massive projects like these usually always get taken over b4 they hit proddy

theyre just too good and the big boys get opportunistic.

Look at UMC for example. What did BHP take em over for?? PEANUTS compaed to what they couldve been even with CAP RAISINGS and debt.

We'll never see production on this stock - We gonna be taken over

I reckon BHP

The chinese aint get it, not such a large project for oz.