The fin rev basically says the reason for the delay in the...

The fin rev basically says the reason for the delay in the takeover is because the

"...privincial government where zijin is a shareholder in the government which adds another level in terms of approvals from the central government."
"the logyam govt last week visited the tampakan site... the pressear is on the chinese to complete a transaction that hits their sweet spot."
"expected that by thursday Zijin will extend the offer by a month as it's unlikely they'll get the 90percent required in 2 weeks. their current level isabout 40 percent. any changes to the offer which closes on may 14 must be notified by may 6th."

I often wonder how far indophil could have gone on the uptrend if the takeover offer was never put on the table.

Hope this has been a bit of a help. Vinny