Ann: Variation of Takeover Bid, page-11

Interesting comment.

Must admit GH has been much quieter this year apart from the addition of the Lithium opportunity. Not getting the ML renewal is a blow but the CR went well and the SP is 50% better. I just wonder if they are bunkered down, working away and hatching an announcement that will lift interest and subsequently SP into the mid teens or beyond.

I agree that VBS getting over 50% could mean they become obstructive but that would diminish the value of their shares in the company. Some would say, they may want to do that to drive the remaining holders to sell out. Hopefully not.

Looking forward to the June Quarter update; hopefully some good news in there!