"The chatrooms were full of talk last week that the strategic investor Exco was talking about was of the Chinese variety.
If that is the case, Xstrata will have gone on to high alert given the money to be made keeping the E1 mill full. We might have a battle on our hands."
Barry must have been watching us!
If the Xmen are not prepared to go into battle, then the price must be good.
EXS Price at posting:
35.0¢ Sentiment: ST Buy Disclosure: Held