I reckon its a good chance its AKE given their previous involvement as debt holder and significant shareholder, their CEO stating publically last week that he is interested in acquiring Bald Hill, and the potential for blending Bald Hill with Mt Cattlin ore to bring it up to closer to SC6. Plus they are sitting on a mountain of cash and at ~$9B market cap, have the financial capability to pull it off. I assume they want to do a cash deal rather than scrip as it would be quicker/less complicated and could be closed quicker.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
