takeover, page-9

WOW!!

Mikre that is amazing as this is the second confirmation TODAY I have on a GPN group takeover. The rumour I heard was that a group takeover was to take place in the near future to secure the very Vanadium assets I was discussing yesterday. 38 million tonnes indicated JORC resource (with plenty of potential proof of double that resource). With Vandium at a price of $22 per pound and extraction cost around $1.40 per pound it is no wonder it is so popular.

From one of the three different sources I also heard today that BHP made a large offer on the Vanadium assets 12 months ago however it was though the bid was under valued. I believe that this has been discussed on the GPN thread six months ago.

From a confirmation point of view I take a lot away from the huge volumes flowing into the stock now. This weeks increased volumes is a sign of big things to come.

In case anyone was wondering the take over price I heard was being negotiated was between 12c and 15c for the entire group.

I point out this is just a rumour that I have heard from THREE independant sources now and could be nothing.

GREAT FUN, I CAN NOT WEEK FOR NEXT WEEK!!!

I am the Iceman!