Ann: Record Monthly Production at Abujar Gold Project, page-67

You may be correct @cherryburn, shorters have covered and returned almost 60 odd million of shares since the offer was made which would constitute nearly half the volume of stock traded in the intervening period. Notwithstanding that can only assume Zhaojin have accumulated more than a couple of million in volume of stock.

I really am sceptical of their intention here. If they were using the offer as a cloak and dagger method to offload their stock, they would have to announce a change in substantial holding surely?

As I write, price of gold edges towards usd $2,030/ounce....