Great news, considering the markets are tumbling!
1. Both occasions the DOW was up 400pts, CBH failed to go up and hold from the 33-34c mark, which might indicate a 3 for 1 ratio.
2. There might be a 2 for 1 ratio where CBH gets a deserved premium based on the longer mine life?
3. Broken Hill...CBH in the middle and PEM on the Nth and Sth, so it is fair to say that they both need each other to benefit greatly.
Either which way, there is NO DOWNSIDE!!!
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