the general feel around LCY is a mid size offer with future...

the general feel around LCY is a mid size offer with future finance options .......say 40-50 mil , and finance for future projects and aquisitions ....and as a guess HAW would be in the cross hairs , I dont think we will see a pump of significance on the ann , but long term , this looks good for LCy and ,fingers crossed a good deal FOR HAW.
The day traders may not get the mileage out of this that they expect, but long termers will be smiling in both HAW and LCY ......I doubt if the Indians would make too low an offer and risk the chinese counter bidding ,when India is desperate for f.e..ore,,, esp the magnetite and haematite in such vast quantities asw mt Bevan. The only negative I have felt in all the processes is that Haw sold 60% for 3.5mil and lcy sell 50% of that for 40mil+.??...aaarrr!