RE:RE:What is the bottom line ?With an NPV of $2.44B + water + a bridge to accelerated production as well as a volume of scale that simply diminishes the need for a duplicate effort and capital for processing.
$450M would be cheap. I think this has been planned from the start and Mr.Patricio Varas is one sharp cookie. I cannot see WPX sold for less than $1B - its worth at least triple that to Rio. In and of itself getting into the Potash business in less than three years with an operating mine and two world class deposits that can be mined for 100 years with 1 processing facilty and the least expensve methodology to process.
Am I missing something? If Rio isnt all over this they are as ridiculous as they appeared to be when the purchased Alcan.
GLTA and may Rio be with us!