Considering the cash in bank for Aurizon (200 millions), this offer is a steal. Gold is in a soft spot righ now an gold mining stocks are at the bottom end of the 2 last years (HUI). Aurizon production itself is in a declining period. It is an opportunist offer that does not reflect the real value of Aurizon.

For me,under 7 to 8 dollars, it's a real steal. Let see what will happen in the next weeks ahead.