It seems from the very strong and numerous news stories flowing out in regard to Sam Walsh ( Mitsui) and Gina , and there very strong relationship established over 25 years , that it is very possible a JV between the two groups is likely being nailed out , but does this include Beach ???????? I take stories like this , more on board , when they come from such a very creditable journalist as Tim Treadgold who has amazing connections and finger on the pulse . I would suggest Nev and STX corporate advisers may be very busy ,very soon .That being said I can't imagine Wesfarmers , Forrest ,and Santos just sitting back and watch this take over just transact . AWE had fierce completion with their take over and that ran from 52 cents to a final sales price of 95 cents WGO ran from 14 cents to 36 cents , this is going to be interesting process for us all .
STX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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