come on..., page-81

Maybe Noble will make a takeover bid at 10 cents /share.
You can be sure that TTY management will advise us that this is a very good deal and that we should all accept otherwise they'll call in the Administrators.
( Just like OZL management did with the 82 cents/share bid with the MinMetals rip-off).

Hopefully though, TTY shareholders have a few more brains and say NO, especially when the iron ore is rocketing. (excuse the pun!!!)
Be careful this is what they are setting us up for.

But we know better.

Iron Ore Prices Jump 10% to $111 a Ton for India-China Cargoes

By Bloomberg News

Aug. 10 (Bloomberg) -- Cash prices for iron ore delivered to China from India surged 10 percent, the biggest gain in two months, because of increasing demand from the world’s biggest steelmaker and buyer of the raw material.

The spot price for ore from India climbed to $111 a ton, the highest since October last year, according to Metal Bulletin prices for the week ended Aug. 7. That measures the price of material with 63.5 percent iron ore content.

Iron ore from Australia for immediate delivery advanced 9.2 percent to $104.1 a metric ton for the week ended Aug. 7, according to The Steel Index. That’s for ore with 62 percent iron content. Both prices include freight charges.