If the rumour is true and Glencore are genuinely looking to take Syrah Resources, Copperstrike will not even empty the centre consoles of the fleet of Rolls Royce cars that arrive in the secure carpark a Baar in Switzerland daily. Glencore is the 10th largest corporation in the world, Revenue US$ 232.694 billion (2013)
These guys will put CSE on the Company AMEX over the phone then bring the Gulfstreams down with cash for Syrah. I don't envisage any takeover defence, what Glencore do is look after employees with generous bonuses and will be very aggressive if Syrah is on the buy list. This will be over in a week.
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