what has changed?

As I see things, the only thing that has radically changed since CFC was playing around with their $1.70 offer is that the SP has dropped by 90%...

China is still going to need a truckload of copper over then next 30 years & beyond.

The world's unquenchable thirst for electricity hasn't changed.

No new technologies for transmitting electricity have been discovered or are likely to be discovered.

So the demand is guaranteed - it is just the supply that is limited - and don't forget, over the next 30 years, the world is going to need as much copper as has been mined since the dawn of humanity.

I really can't see CFC allowing another party to buy their share at 35c (or less?) - they will not only lose a mountain of money, China will also lose a major supply of copper.

I believe CFC will definitely be part (or all?) of the buying party and the only thing that is going to change is ownership - our share is going to be sold to China...