Hi Sydney6791Thanks for interesting post and comments.I think...

Hi Sydney6791


Thanks for interesting post and comments.

I think T/O more likely by MCC as they could get a foot-hold into Aust. thru a listed Co. and then can persue their objectives using CFE and not going to FIRB all the time.

If Xtrata were in better shape , I think they would have crack as the T/O price would be attractive at about $1-$1.50 ?? ...the price would not be too flash for all the problems which have been posted by many in the past.


Problem is ... TS and his mates Sharmesian (Power United) and Frank timmis (African Minerals) and Landau control too many shares to let it happen and would prefer to use this (CFE) as their own piggy bank, as can be seen by some of the share issues and loans already done.Have a look at the top 20 S/H's for where the control is.


But , who knows ? We all know that TS and his mates chase the almighty $$'s relentlessly and they may congure up another "commission" deal for themselves by finding another buyer ( by introduction, of course ).


Live in hope.



JRB