takeover target

Has anyone else heard that there is a takeover in the wind??

I heard this from a very reliable source and to be quite frank it makes a lot of sense.

The price is way below value and Mt Kare is a known asset surrounded by great ground. The risk would be seen as a lot lower than pre xmas.

Think about it IDC have taken some more of the risk out but released the JORC upgrade at the wrong time so no added value was given to it.

Cambodia may be seen as the millstone, however there are so many rumours of fresh Large Co's taking over the small and large players ie OZ that its risk profile maybe lowered in the eyes of potential buyers. I am hearing that there is about to be Big $$ poured into Cambodia, surely others are as well

Perfect time to takeover pre the next upgrades etc