Ann: Improved POSCO proposal and intention to recommend, page-95

Cant see that happening. These guys want SXY for $4.60 and will most likely have it sown up already. Then again Gina might do the dirty on them and make a bid herself? Slightly off subject concerning the end of fossil fuels and doom stories coming out of Glasgow. The smart money seems to be saying there is a good future for the sector and lots of cash still to be made. WPL to the tune of $41b, STO to $21b and now SXY. Watch out for the big fish grabbing more of the way under valued smaller oil/gas companies,its lot cheaper than drilling wildcats that often turn out to be dusters.