If they go with re-financing, over the Nifty Sale - which it...

If they go with re-financing, over the Nifty Sale - which it sounds like they are going to.
Then I smell a rat! There surely must be corruption going on! Or they have an alternate plan they are not telling retail holders about.

I won't post multiple links to support what I mean but, just google "Paterson Mining Area"
Every man and his dog (who owns a mining company) wants in on the area. And now even more so, with Copper and Gold flying!

They would have to be knocking back bids on purpose - but why?

Hopefully, it's a refinance for only a couple of months to cement a Nifty sale with time to play multiple bidders. Then they can be free of the noose around there neck and start working on the other two winning prospects they have.
Plus the share price would fly!