A little birdie has just told me one of the hopefuls has pulled...

A little birdie has just told me one of the hopefuls has pulled the pin - not so good if this is the case!

Oropa is another candidate being looked at by Antam. I guess Antam has the capacity to look at both as per the pdf link posted yesterday. The BIG question is whether they want to buy back into something they have recently reduced their interest in?

Currently ARX need another US$41.5 (minimum) to continue. Would a potentially interested company pay this and take on board the ANZ debt? Or, would they wait until the ANZ forecloses and then moves to recover the debt owed to them? The ANZ may except less than what is owed to them in a firesale of the mine in order to recover what they can. Don't forget the ANZ are not miners, and are not in the business of buying and selling mines!?

I hope for all of us that a good result is found for use as shareholders and not a foreclosure.

Just IMO - no ramp or down ramp intended!