I see CNMC have pulled out of the LYC deal today after FIRB asked them to lower their holding from 51% to less than 50% and less than half on the board. How do you think this will affect CXM's chances as it seems the FIRB are on a good run of knock backs at the moment more for political reasons than sound judgement perhaps? CXM/Wisco deal is for 60% of their main iron deposits, maybe that will be too much for FIRB to stomach. Your thoughts?
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