don't think of xta as one entity - it is organised into five global businesses (alloys, coal, copper, nickel, zinc) - 2 of them are involved in declared t/o plays - see blurb from xta website below.
also, don't think m&a personnel as busy as they were 12 months ago - should be a lot of bodies available now.
Group structure Xstrata’s activities are organised into five global commodity businesses and a technology business, each of which operates with a high level of autonomy. Xstrata differentiates itself from industry peers by devolving maximum responsibility and authority to its commodity business units. We believe this directly benefits our operations by creating a strong sense of local ownership, where entrepreneurial managers are empowered and incentivised to address site-specific challenges and seize opportunities. Xstrata’s commodity businesses are supported by a small corporate centre, split between the head office in Zug, Switzerland and a corporate office in London, UK.
ZFX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
