Takeover Implied, page-10

Totally Agree. Their net payment even at 35cps for (900m-200 shares) would be about $245m for a multi billion dollar project. For a P90 resource, not a P10, that is in deman, scarce supply and has economic benefits to their economy, particularly as their middle class exponentially grows wanting more and more cars (polution) etc...

I dont buy the low ball offer or administration argument - as there is no compulsion for G to sell for nothing. They have rejected higher offers, clearly arent in a hurry to liquidate and more importantly greedy