I agree - Still very cheap at $2.50 ;Xstrata's $378 Million...

I agree - Still very cheap at $2.50 ;

Xstrata's $378 Million Accord to Acquire Sphere Is a `Steal,' Liberum Say

http://www.bloomberg.com/news/2010-08-23/xstrata-unit-sidero-agrees-to-acquire-australia-s-sphere-for-380-million.html

Hopefully this is just the start to the end game. All the majors will know this project well and I'll be very surprised if no other bids come in.

I'm looking forward to a few weeks of high fives, air punching and maybe the occasional "KERCHING!"