Today ismore asked who would be able to buy us at $100 per share. I had mentioned Glencore and here is a piece of that article where it says they might pay 22 billion for that miner. Im not sure if this is U.S. dollars or the Britsh Pound. So, if it is British Pounds, that would equate to approx $35 billion U.S.

This article excerpt below is only about one month old.

ROBUST DIALOGUE

Industry sources expect merger talks to begin about six months after the IPO. If Glencore and Xstrata do not combine forces, the two could end up competing for mining assets. That would heighten the increasingly tense relationship between their brash, strong-willed South African CEOs: Glasenberg and Xstrata's Mick Davis.

"You would expect any dialogue between them to be very robust - both of them have black-and-white views on value," says an industry source who knows both men.

Beyond Xstrata, Glencore's ambitions could soar. As a blue-chip name it would be able to compete against BHP Billiton and Rio Tinto for some of the biggest deals around.

One recent rumor, according to Liberum's Rawlinson, is that Glencore might make a play for Kazakh miner ENRC, a London-listed FTSE-100 company with a market value of $21 billion -- too big to swallow now, but feasible once Glencore could issue shares as payment. Other majors would likely regard ENRC, which focuses on emerging nations including Congo, as too risky.

"I don't think any other firm would dare look at them, but Glencore would," said Rawlinson. "They know how to deal with Congo, they know how to deal with oligarchs and they already operate in Kazakhstan. So, there's a perfect example of how they'll do stuff that other people won't."