FRS WNI

Ann: Wah Nam International Australia Pty Ltd Take, page-4

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  1. robonrome
    117 Posts.
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    26/04/11
    12:48
    Post #: 8312475
    re: Ann: Wah Nam International Australia Pty ... True, but I guess there's little benefit to BHP in doing anything that might reduce the efficiency of their ore delivery - these big guys are always looking for ways to get more ore on their railways at the same time and FRS would just be a distraction. fRS would be better off negotiating with FMG (who I understand are more amenable) and wearing the extra capital required to build haul road to the FMG line.
    FRS Price at posting: 72.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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