mic231---yes that is a possible scenario----but from my conversations with Altona----they WANT the Roseby project to go ahead and lift the company to the next level,a "mid tier miner"This would put them up with the "big boys" and have a serious re-rating of the company as a whole.This would also give them capital to grow the Finland project,as well as further drilling in the yet undiscovered areas of Roseby----this is how a company grows----by expanding---rather than playing poker with shareholders money.IMO.(i dont think Xstrata is the company to play poker with.)
AOH Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held