Alk Chart, page-1229

Good post Jack ..and I have a similar "read"of the situation .
When Alkane sold McPhillamy's to Regis some years ago , my understanding at the time , was that Regis made the approach to ALK , and it was over time "massaged" as to the terms of the Offer until ACCEPTABLE to ALK .
It was sold "reluctantly" ..as ALK needet the cash to put towards the committed development of Tomingley --otherwise ,substantial Equity dilution would have occured by cap raisings .
Fast Forward to the current situation now ---with Tomingley and an Expanded Tomingley Extension for some years ensuring substantial cash flow , I would be very surprised if anyone "expressing as interest in Boda "...would be politely told to "come and see us in 2 OR 3 Years ..when we ( ALK ) have a much better idea of what we have at Boda ourselves .
ALK don't need Newcrest/ Evolution/ Sandfire/ Northern Star et al , at this stage of the game ...and in my view , the only reason Nic Earner is contemplating , or is going overseas , is to bring the "size and possible scope" of the Boda potential to overseas Fund Managers ( likes of Sprott etc ) in a personal manner .. ie mixing with International gold /mining forums .
Diggers and Dealers once a year , is the only real chance the likes of a mid tier ( or soon to be mid tier ) producer like ALK , to get any sort of international recognition thru Australia. To be recognized "overseas"at this stage --and in the next two years ...is for the purpose of raising Funds IN QUITE A LARGE WAY ..if ALK chooses to go down the path of "the start"of the development of Boda , via intense Resource definition drilling and a DFS >>>>>
iF NCM does get taken over by Newmont ...and a lot more would have to be pumped into the Offer if that was to occur ,,,, then I feel fairly certain , that Newmont would be watching developments at Boda even more closely than they would be now .
Knocking on the door to register an interest ...and anyone coming out with a hostile offer ..is of course another thing . But thats likely to only occur , if an interested party " makes its intentions known by standing in the market for a foothold 10 % to 15% "foothold interest "beforehand .
ALK should just continue to do what it does best ..make Boda a bigger and better discovery of a world class scale .
AIMHO