I would like to see a debt-for-equity swap with regard to the CN's. It's about time someone else paid up for the re-development of nifty. With any luck it will be just before the Cu price comes good again. It will be like Kerry Packer, doing Allan Bond, over the Kalgoorlie gold mine.
CYM may even want to raise capital to re- capitalise which will delight me even further. I've had this kind of thing done to me so often, by specialist resource funds with the whip hand, in the past, I would delight in doing it some else.
If that sounds like a cold heartless b'tard. I'd like to quote the line and movie name "They drew First Blood". I'll even mumble/ blubber it like Sly Stallone.
All IMVHO
MLX Price at posting:
30.3¢ Sentiment: Buy Disclosure: Held
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