EXS 0.00% 26.0¢ exco resources limited

likely deal with xstrata

  1. 8,482 Posts.
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    Did you see the interview with Charlie Sartain in yesterdays AFR?

    On what he is saying it is hard to believe they wont deal with EXS; "...Sartain encourages the heads of five operating divisions to make local decisions for their assets....In Qld, Xstrata plans to move away from its reliance on a couple of large copper mines towards five smaller operations to feed the central processing and smelting plant at Mt Isa.....Because it takes 5 or 6 years for new mines to come on, now is the time for us to identify new projects or joint ventures to keep the smelter supplied with concentrate"

    That is the most hopeful comment that I have read for some time. Time will tell.
 
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