News: Chinalco Yunnan Copper in DRC game changer with Yunnan Copper, page-4

you make some valid points.

1. I don't know what the reality is but they have said they have done all the leg work and are now handing over the negotiations to CYU.
2. I hope its an open cheque book but doubt it. To reach our "mid tier copper producer" we certainly need substantial access to it.
3. I think they stuck Tiger in there to show that other "aussie" businesses are doing in the DRC not that they were a prospective seller.
4. I really dont know why the parent wants to do this but almost every announcements over the last couple of years have alluded to this type of deal being in the pipes. My guess is that we will do some sort of JV with YCI. Our board needs to sign off on the deal. I like the fact we are now net buyers after the copper price has been trashed.
5. in closing, i agree that its weird.