this is why you don't deal with romanians, page-8

There is another scenario (and remember, we are all drawing significant assumptions from a newspaper article that has not been independently verified!!) and that is that the price second time round will be discounted for "risk".

If OZL did have another go - we already know that they will not overpay. The question is do we want them to try again? I can think of arguments for and against rebidding, but I must admit that I now come down on the side of "no". I think it will be a distraction from management to get value out of the facility and I personally do not want to see any distraction from accelerating C and the reserve upgrades for P Hill. (But maybe I am being a little cautious !!!)

HT1