There could be a bid - but, there won't be a takeover unless it's one hell of a bid.
Tom knows what he is sitting on and so do a lot of us.
I have had a few meetings with Tom - and, it would take a lot of money to swing him away from here - it isn't even on his mind - his life is geology -- discovery and development - pretty much end of story.
We can see where it's going - why would one even think of a reasonable profit with this already monster just putting on massive weight month by month.
Look at these hits released today -- if they prove up just similar to what has been already - and, why wouldn't they - then it has just got 30% longer and a LOT fatter.
Realistically - and, I don' think I am being overly optimistic here - I suspect it has just gained about 50% - unless those dots are misleading me.
Throw this a couple of years down the exploration/development track - and, what do we see (even if POG stands still)???????????
JORC in 2017 - more drills coming - which means more drill results coming - lamprophyre bloody everywhere -
man - anyone wants a bid ---------------- better bring a very large cheque book for mine
these chances don't come along all that often - and, they certainly don't come along with a baby share register - this - so far is like finding a hens tooth.
At the bare minimum - keep some in the safe for the future - enough that if this is a mini Golden Mile - one will do well - and, it's got all the signs so far.
For me ------------ it's a very very very easy hold.
BRB Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held