APG 0.00% 0.2¢ austpac resources nl

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  1. 473 Posts.
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    Rick,

    I was at the meeting and encouraged by the progress facilitated by the "group". Cheerleading is good, as is a positive outlook, but sometimes shareholder activism is what is needed.

    I like your sense of caution regarding the deal before Christmas. I did not stay for post party drinks, but from what I heard in the meeting pre-Christmas was not the sense I had.

    My expectation was possibly in February when Australia gets back from its break.

    I would hate to see people become disheartened if a pre-Christmas deal doesn't happen. I think a February expectation is probably appropriate and if MT can deliver earlier, and over achieve, then a big pat on the back should be given.
 
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