HC, your posts are now becoming irrelevant.Xstrata is a...

HC, your posts are now becoming irrelevant.

Xstrata is a world-class operator. Sagittarius has significant local representation. You mentioned this yourself in a previous post, now you reverse your position.

The Phillippines has an income and employment issue. Government knows this and knows that mining jobs and royalties are a solution.

As for a shortfall on the rights issue, SMC was the only Insto shareholder to turn it down. Their shortfall was absorbed by other instos plus the $25m placement.