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BHP and XStrata are not against working...

  1. dwads
    102 Posts.
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    02/12/09
    15:58
    Post #: 5993965
    BHP and XStrata are not against working together..

    http://www.bloomberg.com/apps/news?pid=20601086&sid=aAxBv7g3iwFo

    they have a JV woth Antamina.. 7th largest copper mine in the world with 380 Cu ktpa

    Xstrata are keen on finding a partner that has the cash to make this happen. If it is Chinese so be it but..

    maybe...

    Pure speculation on my part but I would not be surprised one bit if a rival bid did occur.

    I'm holding on that belief.
    IRN Price at posting: $1.22 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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