what,s going on, page-12

Given the cash for the China SOE's all emanates from the same source, does it really matter whether it is SINO or CRM that funds the spur?

Wah Nam have clearly failed in their much touted ability to raise any funds, so we are dependent on WR and Co to do a deal .. God Help Us.

Flannagan is the key here. FRS to Port Hedland is a long way and it makes sense for FRS and BRM to tie up and build a spur to Twiggy's line. If WR can't do a deal Flannagan definitely can. Hancock is other wild card here ... so as Barron said, Twiggy can't have it all his own way.