re: ** takeover bid in - .64 cps Agree. A complete joke. The offeror points out project risk because among other things there is no BFS completed. But fails to point out that is because they are offering peanuts while a BFS is in progress. Also there is no mention of the 9 million or so ounces of gold. That MUST have a value for takeover purposes. Just $11 an ounce and there's the total value of their offer. It's pathetic.
TYC
tethyan copper company limited
**384 metres gold/copper intersection! , page-8
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