connundrum

http://blogs.reuters.com/breakingviews/2016/01/25/sweeter-cairn-bid-is-vedantas-least-bad-option/

http://pg.jrj.com.cn/acc/Res/CN_RES/INVEST/2015/7/30/c94dac0e-f2fc-4f8d-b2a2-
56c48d01df6f.pdf

bonds due 2019. cds prob 900 bp. cairn litigation (cash $2.5 billion). hind zinc acquisition (is goi a seller 4 bn cash on balance sheet)

roc 5, 10, 20 +

nibble





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