buffy,
that is exactly the reason. It's called hedging energy. BHP wants what RIO already has they want to up their U2.
This is becoming like a WOW vs CML in regards to ALH. It will be very interesting. BHP expires 6th May. That's why WMC price has increased and rumours of RIO upping bid.
Cheers,
SIM
scimitar resources limited
pre open???, page-5
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