I like the idea of an OZL, RXM tie up because OZL have cash to get the project up and running without begging banks for cash and RXM need cash to get going. Both being in copper and gold is a positive because there will be some good synergies and people able to help avoid project pitfalls and they speak the same language.
OZL will almost certainly be outbid though when the time comes, they are "conservative".
RXM Price at posting:
54.5¢ Sentiment: LT Buy Disclosure: Held
