Replies to post #2489 on The Rising Influence of Rising Affluence

[DewDiligence]

Metorex says it is “open” to a higher bid than the one from VALE:

http://www.reuters.com/article/2011/04/11/metorex-vale-offer-idUSLDE73A1WY20110411

They won’t get one, IMO.

[DewDiligence]

China's Jinchuan bids $1.3B for South African miner, Metorex Ltd, trumping VALE’s big of $1.1B in Apr 2011(#msg-61894211):

http://www.reuters.com/article/2011/07/05/metorex-jinchuan-idUSLDE76415720110705

I didn’t think anyone would outbid VALE for this company, but the Chinese hate to lose!