Banter and General Comments, page-10108

GXY will offer that $101m unsecured creditor pennies on the dollar. A40 is operating at terribly high cash costs per tonne of % produced. No one else but GXY will be able to take it off C&M and potentially make some money from concentrate by cleaning up the plant. No one with any cash in this market that is, every other player is already laidened with debt and producing at above $500/Tonne in AU. This reduces a40's value significantly in the market. This is why I would expect GXY to walk away with A40 for a further 20-40mill invested or less. $100m all in for A40 is a pretty good buy given it already has a plant.