That was a super deal for midwest shareholders ($5/t super-deal). Now Chinese realised need MMX's railway to get ore out to port. Hopefully FWL get good deal... fingers crossed. I'll probably sell out some to lock in profits. Too much uncertainties with global economy.
To my knowledge, I don't think FWL needs MMX's railway or any railway... probably should contact Brett. Do you know anything about transport? FWL says by "road-trains" (trucks); may be okay for 1mt pa. I downgraded to "hold" only because global uncertainties.
LCG Price at posting:
14.9¢ Sentiment: Hold Disclosure: Held