Michelmore recomending this bid is a disgrage & shows clearly their incompetance .Still it's early days , another bid might emerge or further offers for parts of the portfolio .One thing is certain , the boards given up the ghost & the vultures have decended for the feeding frenzy . O well, what did we ever expect from that great deal maker Michelmore- & Pasminco mark 2 . Just imagine OH could have made 50 percent more for his shares - what irony the shareholders getting more than the ship deserter .Good-bye Oxiana -Zinifex -Pasminco Mark 2 & welcome to the Central Commitee of the Communist party of China(CCCP) Long live the revolution , as Chairman Mao , said , the long Journey begins with the first step . We''ll all relish the new world built on the exploitation of the Chinese workers & the undermining of the capitalist system .The epoch when junk(goods) were swaped for first rate resources -via an artifically held down currecy .Finacial enginering at it's finest , but then again , aren't they (the CCCP) just taking their lessons off what the yanks have been doing for 50 years
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held