Have been thinking about this Capex number $2billion for many months now and how they are going to get this funding.
I saw some mention that Fortescue had a few coal tenements that they are actively pursuing. Do you think with the Richard Monti connection they might just look at Potash as another alternative play? It would either be a full takeover or some type of convertible note type structure.( most likely a takeover)
I know we would be months off from thinking about this but I am sure Transit would have their ducks lined up.
Any thoughts from others?
TRH Price at posting:
78.0¢ Sentiment: LT Buy Disclosure: Held