expectations mark 2 , page-9

Topwon,
you asked "May I ask on what basis you have these expectations. Is this your own opinion or is this expectation from one of your sources?"

My expectations are based on my research.

I believe for the PAJA review to be resolved promptly an agreement will need to involve Anglo in some form.
Xstrata will miss the boat unless of course they join up with Glencore and takeover Anglo.

(Reuters Thursday 19th May)
The group's top executives and cornerstone investors are tied in through lock-ups of at least six months, but share performance will matter to Glencore, particularly if the company is to use the offering as planned to pursue acquisitions, not least a potential offer for peer Xstrata (LSE:XTA.L - News).

That deal -- or at least a solution for Glencore's 34 percent stake in Xstrata -- is widely expected. A merger between Glencore and Xstrata would be the biggest ever mining takeover.

But Glencore will also pursue other deals. It has made no secret that acquisition firepower is one of the main motivations behind its decision to relinquish its fiercely guarded tradition of privacy and discretion, and has no plans to abandon the opportunistic dealmaking that has made the company's fortune.


Which ever way you look at it, NKWE have the asset, it is world class and everyone wants a piece of it.