Hi all. Great quality posts tonight.
Now, I can't understand why BHP would not be interested in Colluli because it is in Eritrea. They made ridiculous bids for Rio Tinto at the top of the market & $40bill for Potash Corp.???
Dismal Iron ore price, Samarco disaster, their rejected bids. How many things have they got right & are going good for them lately? Colluli would be their ticket out of the doldrums.
They make the dumbest decisions when this gem is the gift horse they are looking at in the mouth.
If they made an offer we probably should reject it on the basis that they are being so stupid and as it would probably be a bad omen for Danakali!
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