From Saturday's 17 May 14 West Australian Business section .
Credit Suisse valuation M$
300 Iron Ore
651 Queensland coal
106 RSA
1,057 Sub total
600 cash
1,657 Valuation
Bid 1,400 = $3.40 per share
1.657/1.4X3.4 = $4.024 per share
Looks like wriggle room before the deal is done?