Management said a decision before Christmas it's a hard timeline, so I expect a decision by Christmas or the first trading day after the 23rd, the only way that doesn't happen is if an alternate deal is close to being made.
In that case we will probably be able to guess, cause if we don't see the cerro holes few days before the 23rd chances are some sort of alternate deal with teck is being hammered out.
Teck like RIO doesn't want critical information out in the market place, no matter who takes alacran first step is going to be to secure the land around loma bonita from grupo, the better the results shown the higher that price will be.
I hope for an extension I pray for an extension into the new year, teck doesn't care about loma bonita and MDP, they let those results flow instantly, they should easily become ours in any alternative agreement.
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