Chinalco-Rio deal already called off. The collapsed deal is a loss of face for one of China's.
Sino tried so hard to get FIRB approval. Do you think Sino will just walk away. This time Sino/Chinese will not loose face again even if they have to pay a much higher price for MMX.
Sometimes in life. Certain things is more valuable than wealth such as health, love and goodwill.
My guess is by 30th June 2009. Sino will launch his bid for MMX.
MMX Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
