http://graphiteinvestingnews.com/7897-zenyatta-ventures-cliffs-natural-resources/

from SI, commentary on cliffs pickle.

Reads like 9% of Zen is available to a suitor 'tout de suite' as Cliffs needs money like yesterday because of debt servicing

Does this bring down the possible buy out premium, if 9% can be taken down at these levels? or does it meerly reduce overall cost for the suitor. Points to chew on.