has the fat lady sung?

Article here:-

http://au.legalbusinessonline.com/news/breaking-news/indophil-provides-latest-sino-oz-mandate-for-manda-lawyers/38975

suggets a rival bid from a major Western mining company is not inconceivable.

Article also says that Xstrata has entered into a pre-bid acceptance agreeement with Zijin "in the absence of superior proposals" in relation to its 19.9% shareholding in Indophil.

Rene Rivkin was a smart investor...his modus operandi in takeovers was "the first bid is rarely the last."

I've bought more Indophil at $1.215