Of note were the comments made by Richard Laufmann at the AGM.
He suggested that due the the time consumed by Xstrata fiddling around with the XPFS, the constraints placed on them by the Phillipines Govt in order to retain the lease now will drive much faster progress to development on Tampakan. This will also limit their brinksmanship with Indophil.
Not sure the exact timeframes here, but sounds as if Xstrata will not have too much time to bluff Indophil out of the deal.
DYOR
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