re: watso Cheers Watso,
Yes I suppose it is how one reads things? My impression about the word "caution" at the time of reading was that (if) Kingsgate was to increase bid (unlikely imo) they may "materially overpay for Andean".
One of the good things about these sites (HC) is that you get an alternative view on the way one thinks. Cheers.
Thank you for your reply.