The way out of the option is simple . Xstrata dont want to pay...

The way out of the option is simple .

Xstrata dont want to pay 100% of capex for a 50% share .

Unless they are prepared to stump up the full amount they forfeit their option .

This would leave the door open for plan B.

Because the farms are adjacent to Anglos ,there are synergies that make it worth more to Anglo .

Either way its a win win for Nkwe ,assuming they control the rights .

Once the BFS is out, its Xstratas call ,but if they hang out for a better deal ,Anglo would be in with a big shot .