a few things

CQT was recently the subject of an opportunstic raid by GF.

1. Terpu then stated I will fight them and they will not get CQT cheaply.
2. He stated to the courts that they (GF) will freeze all work on the project, causing a massive disadvantage to shareholders.

Neither of these things have occurred. Really the only disadvantage to shareholders has been the retention the current board.

Other companies who have been the suibject of a T/O possibility have gone on the offensive. (RIO against BHP)(IRN against Xstrata) etc etc.

Not these bunnies. What has been their strategy. Well no strategy what so ever. They have just maintained the status qo and kept on drilling.

There is $30 million sitting in a bank account just waiting for GF to come and scoop up. Wouldn't you be using these funds to get the SP up and running through road shows or what ever means possible. Since the speculation has died down we have had 1 announcement about Area 39 and then nothing.
Is this mere incompetence or is something more sinister happening behind the scenes.