mark10 if the merger goes through it will go gangbusters.. funds will need to take a stake in it given its the third largest diversified miner (and will be the second largest if BHP+RIO go through). Also with the warchest they will be able to consolidate more of the industry quickly e.g. WSA, CDU by was of example.. remember copper, gold and silver are sky high and zinc is a significant contributor.. every day more cash..
plus they will be able to carve $1b at a time in scrip without making much of a dent..
my gut is telling me a bidder will come in for OXR pre-merger
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thought provoking, page-10
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