'Will be interesting to find out who the UMC buyer is and whether the pace of deal-making increases because of it'.
Yes, very interesting indeed. Was hoping we'd find out today, but no such luck. I'm thinking it will be FMG, but not necessarily an outright takeover.
If it were BHP, then you'd have to think that Giralia's Western Creek project could also be snapped up by the Big Australian, as it ajoins their Silver Knight operation.
GIR Price at posting:
$1.00 Sentiment: LT Buy Disclosure: Held