What will happen in 1, 3 or 5+ years?What do you guys think?
Could Teck Resources potentially become a strategic partner or buyer of FEO in the future?
Now they have agreed to sell their coal business for around 9bn, they could make a move in the iron ore market to diversify their business modal away from only copper.
FEO is in their backyard and have in the past shown interest in buying an iron ore interest from Rio Tinto, though the deal didn't materialize. Yes, they wanted to be part of an already producing mine but maybe they have changed their mind?
Dean has connections to Teck though its years back since he worked there.
FEO once told me "sometimes parties take a long time", whatever that means? Have they be waiting fot Teck to complete the sale of their coal business?