Whilst MIN'S offer is alive and being extended it does offer us a safety net of sorts.
Market as we all know is under pressure for a number of factors, resulting in depressed share prices. It has some more time to play out, but as always it will recover.
LD2 end of drilling results are probably 2 months away ? we need to navigate this period and obviously so much is going to depend on what MIN presents and its SP.
I have not sold to MIN and will not sell to MIN but their live offer and SP while being open keeps me secure and i am anticipating a SP recovery coming, as to what they confront NWE with we wait and see, but just now we have cover and that enables us to holdout.
My opinion only.
GLAH
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Ann: MIN: Extension of Norwest Takeover Offer, page-103
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