major corporate transaction , page-13

I don't think that it is going to be a T/O.

If I remember correctly, Tony told us that someone has been interested of getting control or part thereof of the project, but that PLV would still have some control over it. AND, MOST INPORTANTLY, THAT HE WOULD DO THE BEST HE COULD TO LOOK AFTER THE SHAREHOLDERS INTERESTS.

These aren't the exact words, but that was my full understanding of the matter.

I could be wrong, but I think that from what I have read in the announcement as a major corporate transaction, it means what it says. NOT A T/O.

So, IMHO we shouldn't be jumping to conclusions as yet, ALTHOUGH I WOULD BE VERY HAPPY IF A TOTAL TAKEOVER WOULD TAKE PLACE.

On the other hand, I would be a lot happier to see capital gains in the shares on an ongoing basis, and the possibility of good fully franked dividends at some stage down the track, a couple of times a year as well.

Well, these are my thoughts, and after all we are all entitled to dream or have our say.

Good luck,

Buddy