Negotiations have been ongoing for a while...
"After months of attempting to reach an agreement, we are disappointed that Nevsun has prevented its shareholders from considering our premium proposals and at this point in time, we believe that all Nevsun shareholders should be made aware of this opportunity. We remain fully committed to negotiating a transaction with Nevsun under the very attractive terms proposed." So the bidding starts at $5.00 Canadian. I prematurely say $6 Canadian gets it done without Euro Sun. Cash makes up difference. Why does LUN have to nicke and dime with a bidding partner? I dont get it. Then again FCX can just take it all for $5.00 US in stock as they make by far the most sense here.. Again this will get very interesting going forward....