High stakes poker going on here... still pressuring govt for concessions and shutting shop to prevent any loss.
Liquidate? unlikely.. a left to right hand fire sale would piss off some powerful equity holders and invite litigation...shutter mine and force a Brazil govt / vale fair bid? maybe..
Bluffs being called on both sides to see who blinks first... buyers market atm but wont last forever and civil unrest will build quickly.. wouldn't be surprised to see the Chinese enter the game soon..
Ah Mirabela never a dull moment!
High stakes poker going on here... still pressuring govt for...
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