To play the devils advocate @stompers @Madmax It would be a...

To play the devils advocate @stompers @Madmax

It would be a HOSTILE takeover.
They WOULD offer a substantial premium ( over the recent ,woefully low, share price)
They WOULD have to persuade the major shareholders to sell.
The Board WOULD fight it tooth and nail. I hope Caigen could rally enough resistance.

But if they offered 100 % premium over recent lows- say 80 cents a share, then what ??
The share funds are in the business of taking profits . Would they sell ?
You and I are in the orange section of the graph below, unfortunately we are fairly insignificant.

IF YOU WERE a predator, what better time to strike . Before first gold , with a market cap of 400 million .
Or would you wait till first gold, when the market cap is likely twice that?
I doubt the Chinese Mining company is on our share register for the good of all shareholders. Or as a long term investment opportunity.

All of the above is the stuff of my worst nightmares

DONT SELL