Why would Glencore Xstrata (Xstrata) want to acquire a Tier...

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    Why would Glencore Xstrata (Xstrata) want to acquire a Tier Two/Tier Three copper project in a high cost (operating and capital cost) jurisdiction?

    Have you seen the assets that are in the Glencore Xstrata copper project pipeline?

    Do you seriously think that because a major global institutional fund held an interest in Xstrata that you can somehow create an fantasy M&A deal? is that really credible?

 
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