This mornings latestGarimpeiros view on the offer can be seen as...

This mornings latest

Garimpeiros view on the offer can be seen as the second item in his article today in The Age:

http://www.theage.com.au/business/new-producer-nudges-into-coking-coal-market-20101114-17sp0.html.


Kagaras bid of 11c per share is much too low!

The Independent Expert has valued Copper Strikes shares at between 26c and 45c, with a preferred value of 35c per share.



The currently buoyant price of copper (currently $4 per pound compared with the experts assumption of $3 per pound), indicate that this offer price is even more inadequate than these numbers show.