RE:RE:RE:RE:145kHe clearly stated $2.25 usd/share (50% from current) would be a great deal for Rio.
He also stated $3 usd/share (double) would be a great deal for Rio. Not sure why he had to state both....other than the point of the conversation was basically......WHY are more people not investing for a very nice quick return......IMO.
He did NOT say $3 usd/share would be a great deal for WRN shareholders.
One should imply a GREAT deal for one party in a zero sum game would NOT be a GREAT deal for the other party.....
He also has previoulsy stated though that he expected our market cap to go up after Rio announcement and start closing the gap towards a certain % of NPV. That hasn't happened. He has also previously stated $3B....no....$2B....no....$1B....yes they could....
So we know a GREAT deal for Rio is $3 usd - which is a POOR deal for WRN
What would a GOOD deal for Rio and a FAIR deal for WRN be? $4.5 usd
So would what a FAIR (not GREAT) deal be for Rio and WRN? Must I say it....yes...why not....you heard it first from The One and Only Sooner......$6 usd!!!!!