bhp sniffing around, page-3

Hi Thisisit,
not sure I understand your point about nothing other than Yulleroo test being relevant.No big company would attempt a takeover without knowing what total proven reserves are.
Whilst it would not surprise me to see BHP eventually make a move on BRU, it would not happen until other distant parts of the Laurel formation have been tested and the full reserves picture is known.
Without such information, they would be forced to put in a lowball offer which would totally fail.
Or, are you suggesting that it is possible to get a highly indicative overall reserves picture form Yulleroo alone ??,....I don't think that is possible.