Xstrata are fast running out of options in the area. There is a...

Xstrata are fast running out of options in the area. There is a major land grab on now since the success of CDU, IVA etc. Just been having a look at the DME tenement map, since last I looked almost all the empty spaces on the inlier between Isa and Cloncurry have been filled, many with two or more (and up to five) competing applications.

This is cheap even just for exploration acreage. If they can put to rest their financial problems maybe the market will wake up to it.