I reckon surely Nige got us abt $1 at least(I'd hope at least ATH all things considered), at around 60cents he'd be leaving the door right open to class action. I also think Jens etc talk of $1 was an attempt to butter us up in readiness. I wont be totally shocked if it's lower but boy will I be pissed. To suspend the court cases and then throw them out the door for around 60cents would be a huge kick in the nuts and I wouldnt blame anyone who wanted to seek a class action, our big Chinese holders I reckon will be extra pissed, surely they either want to mine this, steal this, or be well compensated, along with our fund holders who bought in at a higher price in the latter stages, and what about CATH, I have no idea how any deal will result in them getting a piece of the pie, but will they be pushed aside and watch us sell for 60cents or do they have another plan up their sleeve...nfi. Surely someone(RIO, Arabs, Friedland, etc who could slip in under the same security for minerals deal as part owners) can do better than 60cents, 60cents is utter trash.
We can speculate all we like for the next 3-4weeks (or until something leaks), and Im sure we will, but of course we are all just stabbing in the dark.
Fuck 60 cents, Just my two bob