0942 [Dow Jones] Broker expects resources to be "talk of the town" again today, providing mild 5-6 point gain for S&P/ASX 200 index. Expected BHP Billiton (BHP.AU) A$7.85 cash bid for WMC Resources (WMR.AU) not necessarily the coup de grace BHP may hope for; broker says current spot prices for nickel, copper, uranium "gives a valuation for WMR closer to A$9.50." Others set to benefit include Minara Resources (MRE.AU) "another nickel play" at A$1.91, and Rio Tinto (RIO.AU) now less likely to make bid for WMR, last at A$47.43, likely heading to A$47.80. (WEL)
