I doubt there is any form of hostile take over intention. Not enough volume and for an 8B share company, the shares are fairly tightly held. Significant Shareholder rules, 19.9% rule to make an offer, or go the snail route. Straight up Take Over Offer would be the the more logical step for ownership goals. I wouldn't rule that out. Most would want to see positive drill results before any offer of course.
(20min delay)