Well - the likelihood of an alternative bidder might be quite remote if you look at the parlous state of mining investment in exploration (there is some required with MUX I believe). The bright spot maybe gold/silver if one focuses on the A$ pricing and believes in a reasonable decline in the A$ going forward. With Joe Hockey in charge of the purse strings that may be a given!!! So its part a commodity punt, part a FX punt and also needs a nice low cost operation.
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