things are heating up, page-56

36 is still in progress because they drill down to 1500 meters or so ; )

I do not believe that at this stage BTR is a takeover. This for different reasons. a) on this level the big boys are just on cost price and the profit would just be to marginal b) full picture is still not understand

I guess that somebody would wait at least for the next drilling results and very probably the due ressources update mid 2012 (at the latest). Would make due dilligence a little bit easier.

However, a take over somewhere between 3-7 A$ is not impossible (in my view). At a later stage and if Mubmwa really unfolds its potential obviously it will be a little bit more expensive to buy BTR.

Next announcement will trigger the next movement (probably upwards). Must not be necessarily come from the drilling side. Could be a well orchestred combination of news/announcement over a certain time period (in parallel to the roadshow....). Just a thought from my side.