I am sure that the announcement is being timed to coincide with an ANN by another party. As I can't find another mining Co that is a logical partner in a TH I am guessing that the other party is so big that this isn't a significant event to that Co. This indicates that a big Co the size of Vale, Xstrata, RTZ, BHP is involved. I noticed that today in the Australian/WSJ it was reported that Vales profit had nose dived 21% in Q4 but there was no mention of JVs or acquisitions.
I suppose we will have to be patient until Monday.
Have a good weekend all
kippax
AVB Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held