The longer prices stay up this high in April, the less likely our scenario is and we may have to increase our forecast. |
The sector is going to continue with this consolidation trend into next year. |
We have been warning that (Placer) would get taken over for quite a long time. |
We have been warning that (Placer) would get taken over for quite a long time. The stock has looked like the best value among the senior players, and so it is a transaction that will make a lot of sense. |