No takeover
I don't think that will happen, because it clearly says exploration update. If you play with the idea that it might be a takeover, then the doors open up to almost every scenario. It would be pretty bad to even harbour that thought.
Me, as a shareholder, I would not let the company get taken over (not that it is in my power as BR holds %5 and glencore %15) because the company offering would not be able to offer what I want.
I would want $1 plus and I know that is a ridiculous price so I wouldn't even negotiate.
Anyway putting a takeover to the side
I think we have found a really nice deposit/pocket, that may have been seen by the likes of BR or Glencore, that our mgmt initially missed first time around. Just a hunch, but I think this Ann will have everything to do with CU and Ag/Au percentages and nothing to do with takeover price.
Exploration update!!!!!!!! That's all we have to go off.
GL
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