remember glencore bought up to 6 bucks, page-8

Dear Fellow Holders,
I wondered if you had any thoughts about a takeover,
e.g Glencore, being more likely soon?
Points:
1. MRE SP went from from $6 to $3 to $1.49 close on 6-aug-08.
2. Nickel price down from last year, should
recover over 12-24 month outlook tracking stainless steel
demand (Hence SP eventually to lift).
3. Laterite nickel ores needing lower cost production
approaches than current practice e.g. heap leaching.
Management investigating lower production cost
processes.
4. Huge long-term ore reserves of MRE.
Cheers,
-- Arnold