JBM have bought into FCN's 30% interest that WMR wants.
WMR are under takeover threat from Xstrata at a price they believe is unreasonable.
What would WMR be worth is say they bought JBM for $6 per share???
WMR are cashed up & in profits.
JBM has $1 per share cash backing, no debt & some of the best Nickel ground in the world(including FCN's).
Is Kerry going to sell?
Would we hate him for it?
Cheers.
P.S just a rumour & speculation