'The most likely outcome is the object will eventually be removed as new observations become available and the object's movement is more tightly constrained.' While the chance of a collision with an asteroid big enough to destroy mankind in our lifetime is very low, the probability of a collision in the next 50 years with an asteroid big enough to create a 5km crater is more likely than you'd think, with odds of 160 to 1. It is some comfort to know that most experts think, if observations did show a large object on its way, we would probably get at least ten years' warning.