takeover target, page-7

appears to me that it really is as simple as the market viewing bmg as a basket case in light of what has happened with hillam, no confidence that bmg will fund hawsons to production....hence $2.6 billion needed from somewhere to make the project a reality - & the market doesnt believe it will happen.

ird at a similar stage of development and their sp is holding up. contrary to 5h's claims that sp's are not indicative of a company's prospects i believe the sp (charts) warn you that there is a rat present long before you realise your cheese is missing. looks to be a rat somewhere in CAP???