Santa more likely to come from the direction of the RBA than Kloppers doling out $4 a share for AGO.
BHP and FMG vs RIO? Maybe, but what purpose would that serve apart from two massive majors still going at it with vast deposits. BHP and OMH or similar would be a smarter diversification.
I would like to see AGO being the king of the second tier kids and pick up some more ground while it is cheap, if the price is right. Risky, I know, but I'm in long term so my views are probably at odds with those who want to see a 3 day spike over merger talks.
When the world decides it hasn't really ended in the second half of next year we will be laughing.
AGO Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held