interesting article from xstrata, page-43

I have no doubt Xtrata want this............how they go about it and what price they eventually get it at, we will not know until the deal is done. I can see Osake example unfolding however this Canny Scotsman we have will ensure that the option is littered with fine print that will prevent Xtrata from coming in the back door just because the reneged on their option. Xtrata will have some scinister cards to play but surely not the one Osake stated....that would be too negligent on AOH behalf.