Lets see what the board do with this.Great find...

Lets see what the board do with this.
Great find Sath!.
Interesting reading that the FIRB are now getting really active across a number of fronts.
The ongoing situation of the great Australian sell off will become a real political hot potato so it wont matter who is in, they will feel the heat.
The way I read that article is the board can go on their merry way down the takeover path pending FIRB approval.
Reckon that should slow the wheels down somewhat.
This will buy us further time to -
1/Prove up more reserves (how motivated are the management?)
2/Another suitor realising that BOW has got a fair ol reserve anyway & popping in a realistic counter bid.
3/The independent expert (the identity of whom I am waiting on from the company)to put up an unbiased appraisal in a decently short time frame (which I am also waiting on from the company).
The mention of up to 90days from the 25/10 could mean up to 23/01/12 but that is up to 90 days so actual may be shorter.
When the company informs me of the IE identity & time frame I will post.