I assume COB would have to be in TH also, if we were to acquire...

I assume COB would have to be in TH also, if we were to acquire Mutooroo. Larger market cap than HAV but it would still be a significant transaction. Happy to be proven wrong, however. There seem to be a lot of new kids on the broken hill block wanting to establish footprints so I believe it would be nice to be an early consolidator of assets. COB is in a much better position to do this than the others, especially HAV who seem to be a bit cash constrained. So please, go for it, if it makes sense from a metallurgical point of view meaning if ores are comparable.