history to repeat, page-20

Not that the content is especially relevant given everyone knows the numbers stack up exceedingly well but where the heck is that final BFS?

The final definitive BFS will be the trigger to the option payment and the decision by Xstrata (or even a third party to gazump X).

The longer we wait, the more I suspect either:

1. X will announce the JV concurrently with the final BFS; or

2. X is being a smart ass with Nkwe in trying to screw a better deal and we'll see a third party move in and beat X to the treasure chest.

Once the BFS is out all will unravel (or ravel if you like) very very quickly imo!