We have had a taste of what life will be like with Marillana under WN's control.
Do you think they will do a deal with Twiggy?
You have got to be kidding
Do you think the BRM management team will stay?
You have got to be kidding
They have no expertise in iron ore and next to none in mining.
The one mining asset they own has been sitting idle for years - they have done no work on it.
They have abysmal capital management practices.
They only have a few million in the bank.
There only key asset is their BRM and FRS investment
They are attempting fraud on minority shareholders
I will be amazed if the regulators let them get away with it, however I do not know this side of the ASX very well.
All up, there is not a snowflake's chance in hell of Marillana getting to market under WN's rule.
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