SMC is probably not interested in paying any more than $1.28 (Zijin's original offer). The fact that the copper price has soared since February is now largely irrelevant.
In the absence of a competitve bid situation, this is probably best case at this stage. SP behaviour of late seems to indicate that this might be the likely outcome.
JMO
SMC is probably not interested in paying any more than $1.28...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)