It is bond, can be converted to company share.

來源: charge 2009-08-17 04:47:59 [] [舊帖] [給我悄悄話] 本文已被閱讀: 次 (672 bytes)
Nothing for free, it is just a strategy to avoid government interference. You will see FMG will become one of main player in the game with support form China. This is a propaganda war. You should find what is going on behind the story.
Unfortunately, this is a hopeless war for BHP and Rio. They are challenging a monster with unlimited financial resource. And most important, iron core is quite abundant on this earth which is still enough for several centuries which only a small part under control of BHP and Rio.
They are turning china from a customer to a rival. We can see Chinese businessmen rush to Africa to get a big share of iron core in the near future.
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