Ann: Early Termination of Iron Valley Option with, page-4

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  1. 2,015 Posts.
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    re: Ann: FMG: Early Termination of Iron Valle... PLEASE PLEASE PLEASE EXPLAIN?

    How are we paying $4m to FMG?

    Why couldnt we wait till 31 March and let the option lapse?

    Is this a $4m payment to stay on the good side of our large neighbour in expectation of a future deal? If so who oked this?

    Or do they have a another deal already lined up?

    I think we need more explanation than a throw away single page announcement but perhaps they are being cryptic for a reason.
 
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