I agree with you assessment CHris,
However I believe another suiter will come into play and the final price paid will be more like $1.2 to $1.3 billion.....this relates to about the $1.50 mark.
$1.0 is a joke and will get vehemently rejected....but it is a first offer and remember they still haven't come out with their resource upgrade.....and there is the price of the resource still undiscovered.
GO AGM
zinifex offer 1.00 for allegiance mining, page-15
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