Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-274

Couldn't agree more here.

Resource update will surely come out once the acquisition is done and I reckon we will see the stock rerate to be on par with PLS/GXY!!! (seriously, why shouldn't?????? - in production with similar costs and hopefully, post-acquisition a similarly sized resource)

Also there is the "Spinco" spin off. I'm looking at that's as a free option into an exploration play exactly like TAW in late 2016.. who knows what could happen after a few drill holes showing another Bald Hill. Lucky for Spinco they are right next to the TAW/Alliance processing plant