Ann: Directors' Statement re Takeover, page-12

G12
I don't know this thorium poster but they obviously know a bit about situation at telfer. But there is plenty more to mah than that, including the tax losses ,which despite toughening up by tax office will still be utilised if bought by a similar style of company I believe.

I have become wary over the years about listening too much to so called industry or company insiders. Better off following normal sharemarket strategies. I have had many such examples over years...had one on ori about may last year too.

In this case the offer is "unconditional ". We can just bide our time till end of offer, or , when targets statement comes out, make a decision on likelihood of shares trading at 15 c or higher in next 12 months or so.

Those saying the directors might push Leighton for higher offer should be reminded that is very very unlikely...perhaps an asic special ruling may allow? ( not sure) ...in absence of a competing offer that is.