If u follow the Abra (AII) MO, bid was at 250% over SP it was capped at ...... for 70%. maybe bid would only be for 70% for FIRB acceptance etc and to "appear" its still a JV with Ozzie shareholders
70% at 3.50 (work on 140 mill shares) = abt 350 mill bucks ... to end up with 85% of the base metals and 70% of the Uranium etc ... AND appear PALATABLE and a RELIEF to shareholders recently experiencing some kinda techno double bottom at 130/138.
Think about it ........THEN later HNC could import their own FCLs of sino plebs to do their own work .... with a deal u cant refuse to our local unions .....and who knows, probably IMPORT their own capex components as well ..... AND DO WHAT THEY LIKE AND WHEN ...... for after all, China Inc is looking for a generations worth of RESOURCES and PREPARED to stockpile it if they have to knowing ITS THEIRS !!!!!
Traders dont look beyiond their quick kill noses ....... the CHINESE are looking out in 5 year plans for the next 50 years !!!!!!!! THINK ABOUT IT !!!!!!!!
Who is buying the shares atm and straight after what appeared a shiite announcement ???
Psycho games in play here Wiza ..... I saw (and couldnt believe) how easily AII was assimilated with Directors' blessings. Incestual piracy on the high seas about to evolve IMO. Why no song and dance about URANIUM lately espesh since POU looks to be about to start next upleg ????
Shiite, if I had enough cash I'd be making a bid myself right now.
IMBOOC
Add to My Watchlist
What is My Watchlist?