Dec 14 (Reuters) - Flinders Mines Ltd FMS.AX :
* RECEIVED A NON-BINDING INDICATIVE OFFER FROM BBI GROUP PTY LTD
* OFFER OVER POTENTIAL OWNERSHIP RESTRUCTURING OPPORTUNITY OF INFRASTRUCTURE ASSOCIATED WITH CO'S FLAGSHIP PILBARA IRON ORE PROJECT
* BBIG APPROACHED CO TO START TALKS OVER CO RETAINING 100% STAKE OF PIOP, 100% OF BBIG'S PORT AND RAIL INFRASTRUCTURE ASSETS
* BBIG PROPOSED DEVELOPMENT OF BBIG INFRASTRUCTURE AND PIOP MINE AS INTEGRATED PROJECT WITHIN 1 CORPORATE GROUP