Heard on the grapevine but dont know the finer details of their...

Heard on the grapevine but dont know the finer details of their approach .Until something is signed ,any thing can happen regarding a deal .To buy the Rasp mine would cost them heaps .CBH may only have a market cap of $400m ,but the true value of Rasp would be a big chunk of that ,and CBH know what its worth to PEM ,so PEM would be better off with the lot for not much more .In the half year financial report they state ,30% expansion to Endeavour milling capacity .This has been confirmed in my discussions with CBH .Some of that capacity will be used for Hera ore .CBH achieved 1.2mt last qtr with a chunk of maitenance downtime ,and also low grade ore which is harder ,this capacity looks conservative when they are milling the high grade softer ore (which is now ).
By mid year Endeavour should be singing .