Hello allHi gottalovemvt,my opinion or best guess as they say,...

Hello all
Hi gottalovemvt,my opinion or best guess as they say, would be Perilya and CBH agree on a friendly merger somewhere between 4 to 4.5 CBH shares for one Perilya share and this may involve a little cash?.We may find out as early as tomorrow morning I would like that.I believe we should know in less than 2 weeks about Perilya's and CBH's position regarding this matter.The efficiencies and synergies between Perilya and CBH are said to be as high as $200million.Mostly at Broken hill,example.Perilya's 25%+ spare concentrator=reduction of 20us cents a lb and +150m in revenve.CBH's Broken Hill Rasp mine expected to start up early in 2009 needs a 750,000tpa U\G mine and mill to be built with a capital cost of $65million.Also I think it's in the best interests of both companys to merge.Good luck all
Bye for now, Hoggle