Hi PM and Human909Yes, the opportunity to take advantage of the...

Hi PM and Human909

Yes, the opportunity to take advantage of the arbitrage in MXX pricing tempted me to reduce my CUO and buy a reasonable number of additional MXX. It was a very good trade but the gap has closed a little now. But on the face of it, there is still an implicit discount of around 10cents in the MXX price based upon the last sale. Realistically I cannot see the merger failing to reach a conclusion albeit the progress is painfully slow.

What we need now is some sustained increases in the Cu price to really get some momentum in the price.

regards
DF