CUO copperco limited

dare i say it...the bottom is in..., page-12

  1. 173 Posts.
    Hi human909,

    I could understand Xstrata having some interest in CUO, mainly through what they picked up from MXX.

    1.CUO's share in Platmin, as Xstata has said it wants a stake in the platinum market and were attempting to takeover Lonmin who have a 22% stake in Platmin. The current financial market halted their takeover bid but they have since increased their holdings in Lonmin. They will probably come back for takeover when things smooth out a bit. So CUO is another way of increasing a stake in Platmin.

    2. Lady Loretta. If they thought it was in their interest to get back the % CUO owns.

    Plus the low cost copper next to their Mt Isa operations might all add up to something they would consider having???

    All just speculation and may be far from any reality but i can see some reasoning for peter pumpkinheads thoughts???

    As for Ivanhoe, i dont know enough about them.


    Cheers Fero

 
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