MIM & NCM .... will hit high's of @ least $2.15 & $10.15during...

  1. ssb
    867 Posts.
    MIM & NCM .... will hit high's of @ least $2.15 & $10.15
    during 2003, with the bidders being AngloAmerican/ Xstrata and Barrick/AngloGold respectively.... both companies are really "small-mid cap" by world standards (2-3billAUD).... thereby being available to many bidders....maybe BHP/WMR etc etc.
    It was interesting to note in "Street Talk" in 30.12.02 Fin.Review that a 10% rise in the POG will increase MIM's 2003 earnings by a whopping 35%... the most exposed of the diversified miners to the POG
 
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