RE:RE:RE:RE:The market is not indicative of a dealI am solidly NOT in the share price matters camp. The reason I am NOT in that camp is that if a company tried to backdoor the takeover through share purchase on the open market, the share price woudl rise substantially and quickly. Share price and purchase prices are self-fulfilling prophecies. A fair price will be paid either way. The further this moves toward permitting, the stronger the ratio of NPV that will be paid. The more parties involved, the "fairer" the price will be. Simple economics. RIO will NOT pay a ridiculously low price for the asset (even if they want to) and WRN management/shareholders will not get a ridiculously high premium to NPV either (even if they want to). NPV at historic/current/future prices will drive the eventual buyout price to a certain range that both WRN management and RIO already understand. IMHO its WAY more than curent share price with a small premium. It's likely higher than Sooner's $6. It's WAY lower than $25. My money on the roulette wheel of guesses is still in the $10-$12 range. This represents under $2B price tag and is UNDER 50% reasonably calculated NPV (not the base calcs).