blumont, page-5

It appears that if Blumont gets its act together which looks likely with a new strong chairman who has taken a 7.9% interest that if KDR's drilling campaign keeps hitting runs is that it will get taken out as Blumont aims to become the next BHP :

BHP OF ASIA

Blumont, which was previously involved in the packaging, property and investment sectors, started investing last year in a number of companies in sectors such as iron ore, coal, gold, uranium and copper.

Molyneux said the company will continue to invest in all stages of production in the resources sector and should become a major player in the commodities industry.

"Its strategy is not going to change, we are on our way to become Asia's BHP," he said, referring to Australian mining giant BHP Billiton , which has a market value of $166 billion.