I got the article below from our (SLI) website. I find it interesting and thought this to be a highlight;
“In China, for instance, they typically want to have a target locked up and then they’ll do due diligence for a period of time, finalize the deal, and then put it into a binding document. Whereas in Canada, when you’re in M&A, nobody will agree to sell at a price and then allow a long due-diligence period and then go to a binding document because they want to have a free auction for their assets.”
http://www.miningmarkets.ca/news/chinese-m-a-on-the-rise-but-barriers-remain/1001000019/?ref=rss&ctid=1001000019
This may be another highlite;
While relationships are critical when dealing with Chinese SOEs, they take time to build. So Chinese SOEs are starting to test the waters with junior miners in particular through advance investors, McIntyre says. In this emerging trend, private investors take a small stake in companies (less than 10%) to make sure they’re on the up and up before an SOE gets involved.
So, I guess bottom line, if the Chinese were ever interested, you wouldn,t know either.
IMO