If Quangdong Rising Asset Management ( GRAM) want to increase their exposure to copper by making an offer for PanAust ,for which they look like having to pay top dollar,maybe a cheaper entry would be an offer to Highlands. At this stage (after 12 years) I would be prepared to accept an offer of say 30c which would cost them about $250mil.This would then give them our 20% of Freida plus 23% of Panaust's 80%.share.
Flog Ramu to MCC for $80m,suck up to Ok Tedi to explore/develop Star Mtns and Bobs your Uncle.
Hhmmmmm - might turn up China Southern flight schedule tomorrow, see if my brothers right, he can get by in Manderin if they take it slowly, and go suggest it to them.
Will suggest 40c to start
If Quangdong Rising Asset Management ( GRAM) want to increase...
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