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chile ore project news article

  1. jkm010
    1,862 Posts.
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    25/09/08
    22:01
    Post #: 4313656


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    http://www.reuters.com/article/marketsNews/idINSHA13724920080925?rpc=44&pageNumber=2&virtualBrandChannel=0&sp=true

    Excerpt:

    "One investment banker not involved in the sale said the asset might fetch a price in the hundreds of millions of dollars, but he was sceptical about how attractive it was, given the location, the ore quality and the number of other assets for sale."

    "There's just piles of these projects around right now. This kind of thing is for the next (economic) cycle, not this one," he said."

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