Agree, and the LME has continue to drop, REAL is holding 3.30...

Agree, and the LME has continue to drop, REAL is holding 3.30 and more likely to go higher than lower in the next 5 years due to the state of the Brazil economy compared to the US economy.
How can they not see this that there is less risk that this isn't going to happen, given we can and they have a lot more resources to analysts than us? They've place the mine in C&M for 2+ years waiting for this and are only selling for a "low-ball" offer when the recovery has just started and "none of the existing SH are the buyers".
This doesn't sound right does it unless we got their production cost majorly incorrect (which I highly doubt as the CFO has confirmed this multiple times) so I think they are finding a "way" to sell it to a 3rd party but are associated with them, hence they are technically not an existing SH and are getting held up (as it's complex sale as the CFO has indicated and probably very hard to legally do this).