"Michelmore and the Banks clearly don't share your prediction that rivers of cash are about to flood the OZL coffers. Surely they would know!"
Except Minmetals has stated part of money raised for the bid will be borrowed from banks.
Crazy to see trading at 63c after deadline extended *and* due diligence complete. Had neither of these when price was above this level. Eager to see how it all plays out.
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