I don’t know why Alcoa would walk after doing all this work of due diligence etc? Is there something on this available for public consumption that leads one to think that Alcoa will walk? I topped up a lot more at 76.5c last week when I thought it signalled a reversal of “sell the news” retracement that happened when the JV details were postponed to end of this month. I reckon it will get to mid 90s before the announcement this time, and if the JV news is fantastic, perhaps $1.2+?
GLTAH
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