Post by
mcugly on Feb 07, 2012 4:45pm
Christmas
How about this for an early Christmas present. The merger between Glencore and Xstrata is expected to be completedy in the third quarter resulting in, according to CP24 news today, a behemoth that will generate approx $175 billion/yr in revenue. Maybe they would be interested in buying out First Nickel for a measly $320 million ($.40/share fully diluted) LOL. One can always dream.
Comment by
mcugly on Feb 08, 2012 2:15am
"The combined group expects synergies of at least $500 million and to be earnings accretive to Xstrata shareholders in its first full financial year." These synergies would more than pay for my little dream, with negligible effect on the new company. Go FNI go.