I agree with you assessment CHris,
However I believe another suiter will come into play and the final price paid will be more like $1.2 to $1.3 billion.....this relates to about the $1.50 mark.
$1.0 is a joke and will get vehemently rejected....but it is a first offer and remember they still haven't come out with their resource upgrade.....and there is the price of the resource still undiscovered.
GO AGM
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