rio bids for riversdale @ $16.50, page-12

I agree with you Bund1234 .... all holders reading HC would agree.

And I'm sure all directors would agree in private atleast... you just dont know however what personal agenders individual directors harbour at times, especially since $16-18 in the hand now = $million for many of the them given their substantial holdings in RIV, so rather than wait another say 2 years to realise their full potectial wealth, some directors may prefer to get rich now, and spare themselves all the work in developing the projetcs any further. Ofcourse, we all hope that no directors are thinking this way, and that they are prepared for more hard yakka getting mining up and running, but in my experience, you cant be sure at this point in time, until their announcement tomorrow.... fingers crossed they see any bid <$20 as ridiclulously low, like we all do.