what you see and what you get

I posted something a while ago that I thought people were missing, but no-one picked up on it. I'll spell it out this time.

The independent expert will try to give a market valuation for Roseby. But Xstrata also bring the EH Mill to the table. This will be a big help to any Roseby JV, including Altona (with the right terms) so it is reasonable to expect the price agreed (if any) to reflect this. It's still very much a win-win situation, but the deal price might not be what some here are expecting.

I firmly believe that a reasonable deal with Xstrata that covers Altonas costs through to (relatively near term?) production would be a fantastic result. I don't see my observations as negative at all.