Mr Patience, you are going to look like a clown very soon , so i suggest you sit down...
![what.png](https://hotcopper.com.au/images/smilies/what.png)
The lovegod , like all of us, is a little impatient grasshopper , so i let my feelings be herd and i must say we all need to remember this little fact...
DIRECTORS : --- Own over 40,000,000 shares between them and there wives / cousins / aunties / uncles/ etc..
Every 10c they can negotiate above the TMF offer is an extra $4,000,000 into there pockets..
Every 20c they can negotiate above the TMF offer is an extra $8,000,000 into there pockets...
Gino was very kind to remind a shareholder recently of this fact when they become a little impatient..
![rolleyes.png](https://hotcopper.com.au/images/smilies/rolleyes.png)
![https://hotcopper.com.au/data/attachments/6353/6353412-b808d14a17cb13f56e6be95a80a7ff10.jpg](https://hotcopper.com.au/data/attachments/6353/6353412-b808d14a17cb13f56e6be95a80a7ff10.jpg)
So never forget, the big boys are
"MOTIVATED to Get an outcome for the 80% of Top 20 holders", even more than us rat's and mice... ![smile.png](https://hotcopper.com.au/images/smilies/smile.png)
So never forget, they just confirmed there is a 2nd buyer, a 2nd buyer would have only just completed Due Diligence in May/June , so WTF would they accept the TMF offer before a 2nd offer had been formalized ???
GOLD price when first offer received $2,000
GOLD price today $ 2,448
![cool.png](https://hotcopper.com.au/images/smilies/cool.png)
![https://hotcopper.com.au/data/attachments/6353/6353439-169189a495ec94603b7aff939996ffec.jpg](https://hotcopper.com.au/data/attachments/6353/6353439-169189a495ec94603b7aff939996ffec.jpg)
There is no way in hell a 2nd bidder finishes Due diligence and site visits only 1 month ago then makes a bid BELOW TMF offer with Gold having soured since January receipt of 1st offer....
There is no way in hell a 2nd bidder has made a positive favorable outcome received if it's below TFM offer is it Mr patience ?
They are not stupid because a blind monkey knows they don't need to place the rest of the 23c placement until it's needed... It might never be needed Mr Patience as they have at least a few more months cash buffer..
The only question we need to think about is how much above the TMF offer is the 2nd buyer willing to go !
10c ?
20c ?
30c ?
Sleep well knowing there is nobody on planet earth trying to get the maximum sale price than our directors !
We Prey ! ![sneaky.png](https://hotcopper.com.au/images/smilies/sneaky.png)