takeover rumours from another site, page-70

Sorry I mispoke...BHP obviosly didnt sell RIO they are no ong sold on the idea of buying it ....

BHP by definition of trying to buy RIO is hunting for acquisitions. I think in this climate digestable ones with cash are valuable as they pay themselves.

As for OZL debt...storm in a teacup...US$420 financings get completed easily when someone has $1.2 billion in cash.

OZL is no credit risk thats why they put out the notice before the refinancing to say we know we have cash but we can defer capex too and ensure we get better financing terms.

Many analysts on the sell side are junior, uneducated and naieve and add no value.

Trust in me, OZL will be refinanced, and it IS the No.1 or 2 takeover candidate for BHP as CNC conveniently agrees.

Seem they read Hotcopper too !! Hi CNBC if youre reading !!!