It puzzles me a bit as well; I know FWL is very very busy at the moment with making a deal..
If this article is true, then someone knows more than we do and that means a trading halt on monday with more clarification....
Beside my doubt, the article is quite clear on specific parts of a possible deal:
...Upon the approval of the agreement by the relevant regulatory authorities, Tai Fung will become the largest shareholder of Ferrowest and will receive 50 percent of supplies from Ferrowest's Yalgoo Iron Project and Western Hematite Project...
We will see on monday!!
klmarc
LCG Price at posting:
13.5¢ Sentiment: ST Buy Disclosure: Held
