Ann: Commencing Preliminary Discussions, page-17

JMT l think that outside forces have been working for cnb to manipulate the price so that a low ball offer can be made. Cnb would have known for some time that they are in a hopeless position regarding their tenement at mount hope. They cannot get true widths when drilling as they would encroach into our tenement. I am hoping that sumitomo can see the true value of our tenements and makes a counter offer ( it doesn’t have to be sumitomo but someone similar) Then the fun would start.I like what hammer is pointing out that this might not go ahead,they are only in talks. Convincing the directors and top 20 to take a offer less than 12 cents would take some doing, have hung on for so long and the value of Kalman surely has to be taken into account plus Western Australia tenements we must be getting around 15 cents plus.
Today at 8pm eastern time Dan will do his thing in Fremantle . What happens tomorrow could see people taking positions in hammer and things could get interesting. Just a bit of fun let’s see what rollercoaster we hop on tomorrow.