we have until 5:00 p.m. tonight,
london time as you said.
as far as we know the two sites
are very close, only question is
whether they can get over the
last concerns on the anglo
american side, particularly
regarding structure and the cost
of some of what bhp wants to do
with her south african assets.
this is an iron ore business in
the platinum business if they
can get close enough, it's
likely we will have an extension
if not actually a final bid
today.
that would at least be progress.
it is of course possible that
they do not see -- and that one
week is not enough and at one
point bhp could walk away and
would have to stay away for six
months.
tom: is that the crux of the
disagreement, less about the
value of this bid and more about
the south african assets?
>> it is really about the
structure.
if you look at the change in the
initial rejections focused on
undervaluing and what we find in
rejection statements from
targets.
it was about undervaluing a