Rio Tinto ready to splash out on copper

Just found the following article re RIO on the outlook for more copper resources. The global miner would be willing to fork out a large premium over market value to secure a prime asset as it tries to reduce its reliance on iron ore, company and banking sources told Reuters.

Hypothetical : What sort of premium do you think the board would want after OZ takeover of AVB . (Just for a bit of fun on a Saturday morning)

See full article here : https://www.reuters.com/article/us-...o-ready-to-splash-out-on-copper-idUSKBN1JP0LB