fel / chinese deal, page-3

Hi Ptialv

My limited understanding is this: because PDY is a public company they cannot just reject the deal and move on.

You can as you are a private citizen.

I think the situation is different. It would be nice if they could but I am pretty certain they cannot. They would need some sort of backing (probably from the takeover panel) that the deal is a farce or a scam and have the deal squashed.

I hope this will not take too much time as it takes away from the real work that they want to do.

I believe that they will continue as per normal though. They will look at the mapping results and then begin an intense drilling program. I have no doubt that the results will be significant from past drilling results!