It's funny you say that cause I've heard Rio is definitely shopping around everywhere right now. Early stage, but looks like the Serbia project is not as easy as 1-2-3. And that's an understatement.
In the end it's all about the numbers. And the numbers for M-K will look pretty good after JORC
My speculation: if not taken over before end of year, in January the likes of Glencore, Rio etc will all want at least a seat at the negotiation table. Doesn't mean they will win of course...
You know why? Companies like Rio and Glencore love the tin! Who else can deliver that?
AVZ Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held