Xstrata was said to be the fool not to have pitched a $7 or $8 bid pre JORC as CDU would be north of $10 after the JORC.
Xstrata not looking so silly now, McCrae is the tool with egg and sewerage all over his face and well deserved, his distraction prior(litigation against HC/posters) to the JORC is comical at best.
A book could be written about this debarcle
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- why wouldn't xstrata take over cdu now?