takeover bid from sol & iva ..., page-29

I hope that you are right Lionel.

My average buying price is above 20c and I bought as a long term investment. 19c is pathetic. I feel a bit devistated.

I wonder if this is why EXS have just put out 3 quick announcements, to up the value of the reserves.

Why wouldn't Xstrata be interested, 58m in cash, 30m owed in royalties, a reserve that they were interested in at 20m (but appears to be worth much more, and other reserves that could be of value to them, or that they could sell off.