Sure - other options should always be considered, but I doubt that SFR would be interested, if nothing else, recent events have proven how time consuming and difficult it would be for anyone to turn Nifty around, I don't think SFR shareholders would be dancing in the street.
If anyone was interested in taking over Nifty they would be setting the terms, and be prepared for months/years of C&M costs, taking on the enviro rehab levies and securities, be totally confident in underground mining that they could make money out of Nifty where others haven't, and be very patient to wait for US$4.50lb Copper prices to return.
I agree - MLX becoming the "Renison Tin Co with a potential 2.5% Cu royalty stream in high Cu prices in the future" might attract more shareholders, because right now its a "Renison Tin Co weighed down by a money pit called Nifty" and that isn't really working out well for them.
MLX Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
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