bfs delay

I suspect that Xstrata has enforced a delay on the BFS.

Just heard from a broker that he anticipates a further one month delay. Very disappointing when you consider news was due in Dec 2009. Makes you wonder if the sp has gone down in recent days due to info leakage?

Hope that todays Quarterly will shed some light on why no news at this stage.

Again I stress that fundamentals are sound and that we should not be concerned. With some luck Xstrata may decide on JV sooner rather than later.

Unfortunately some short term holders will push the sp down as they exit during Feb.