Hey TR, IMO any big fish would die to acquire LTR at any cost. Although we have not heard anything regarding a T/O as yet, surely there have been interests from big fishes - perhaps in the form of ‘informal’ offers. Going by how things have been progressing, I don’t think TO or TG would entertain the idea of a T/O. Every time we hear TO present or talk, we keep getting the reassurance that we are going mining and are on track to hit production by the target date. We are yet to see a formal offer for a T/O. Like you said, getting an offer doesn’t necessarily mean we would have to do the deal, but it surely would be a catalyst to push the SP up. IMO we really need something in the short term to counteract the effects of the ongoing doom and gloom in the global market. Considering mighty TG has 20% of ownership, do you reckon we will see a formal offer in the foreseeable future?