Rumour has it small insto selling all but stopped. Big existing...

Rumour has it small insto selling all but stopped. Big existing guys would have to declare it by now.

The small instos are a bit small on the smarts...just cannot afford to have the depth and breadth of talented people to be across the detail in all the issues from discovery, regional exploration, resource drilling, met, engineering etc .

So the small insto share holders will wear a loss, and those that understand the opportunity and move will be the winners.

Who were the buyers

cest la vie.

Going to be an interesting month or 3. There is movement in the data room no doubt.