Ann: BBR Webcast - Interview with Rob Shepherd , page-10

re: Ann: BBR Webcast - Interview with Rob She... 'Down we go again, a takeover would likely be only 50% premium which is around 12c.' ...Maybe but maybe not and any take over will be based on the market value of the assets,which is far greater than the current share price valuation.Read any of the detailed broker reports to get an idea of current value of the gazelle appraisal work etc.Anyway,part of Rob Sheppards words are strategic PR,letting everyone[including potential farm in partners]that the company is willing to consider other options available other than a disastrous CR at 8c/sh.My guess for what its worth[not much]is that anyone buying at 7or 8c will do very well,regardless of whether theres a assets sale,farmin,or even CR.The near term highly prospective drilling is looking very compelling.