exco intersects 1.69% copper at cloncurry ..., page-11

If they strike a good deal and buy some of their resources cheap, then I have no problem with it.

I don't agree the share price can't get cheaper (although I am also not saying it will). For instance, we were trading at cash-backing not too long ago and still aren't too far off.

Anyway, my point is that we should only look to try and take over the stock if the share price gets absolutely smashed - no point paying a premium in this market.