Love the enthusiasm, not sure who you are trying to convince. The gladiator analogy is a bit lame. Just like you are spruiking this company do you perhaps think just maybe SN might be playing a similar game to scare off low ball offers. If he gets the right price he will take it. He wins either way in salary and options. I also think SN is an exploration guy. The thrill of exploration beats production any day. He may sell and agree to stay on to production. That would be it. As I said he wins either way.
At a broker investor presentation he did say one of the AWE bidders was still interested but he would prefer it to stay in Australian hands. That is not a lie. I heard it directly from him. End of the day they have to operate in the best interests of shareholders. If we get a bid there no doubt will be many brokers analysing the relative worth of the bid compared to going all the way to production. I would like an offer just to set a fire under the SP.
STX Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
(20min delay)