Mate I do not need to convince you..read the Financial Times its all there by reputable Analysts and read what they say...PEM needs CBH...CBH does not need PEM...CBH have bought the mill equipment..have not installed as CBH could use it in Western Australia for the new mine coming on stream in 2009/2010...but I said that CBH and PEM together would fill OXE place as OXE and Zinifex will merge and all shareholders would do well in both companies..TOHO who owns 25% of CBH has to be satisfied with the deal before a merger will happen...
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couldnt say it better, page-7
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