Looks to me that the Bert (Barry) & Ernie show is setting up for a buyout by Woodside just like MinRes did with NWE (and guess who was the chair - Ernie)
https://hotcopper.com.au/threads/ann-chairmans-letter-to-shareholders.7336294/
The recent CR just looks like easy money for their mate from NWE and is setting up for a Woodside aquisition but who knows at what price. Check out and read the NWE announcement in the link above and make up your own mind.
Interesting to watch will happens and will it happen prior to any drill?
(Yes I am a non holder these days but have sure provided all of you my assistance to gain more information in the past (attending the last AGM) - so don't come at me for sharing my view)
DYOR
Rooey.
Ann: Placement & Company Update, page-37
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