several large crossed trades, page-2

I have been watching these with interest.

As much as people think that the Chinese stake above 10% is blocking, it opens the floor to negotiations to get this deal done. Either by Xstrata paying a high price or the Chinese adding more than $2.50 worth of value to the company that would obviously need support of the board.

Interesting to note that another Chinese firm may be in the mix to develop this project with Sin Tang.

This play is far from over