my take is that there would be some Aussie mining companies running the ruler over AKE at pervious guidance and expansion asset potential. Let be honest the entire story is a dream.
but after this latest upgrade on contract pricing will be too good to not move on IMO. I envisage we will be taken over before the end of April at a significant premium.
aud$10b is simply chump change for the revenue flowing through the door and growth prospects. But unfortunately for longs I think we have been artificially suppressed for too long and as a result we are a sitting duck.
hope I’m wrong but the share price is so far off the mark it’s almost a no brainer if I’m BHP or Rio.
