b.o.w buyers buiding , page-18

I think it's all part of the tactics in takeovers...Cottee is quoted widely in an article in today's AFR. He basically states that QGC are interested in acquiring more acreage and reserves through mergers and acquisitions and "warns" CSG juniors that they should face the possibilities of being "sidelined" as industry consolidation occurs.

I take this talk with a grain of salt. Cottee wants to secure RPM and may or may not want to deal with BOW. If he does, he certainly wants to get BOW on his terms. But in the end I would not be surprised if there is a change of mind and QGC does in fact accept BOW's offer if the hold outs prevent full acquisition.

Going to be interesting times ahead.

regards
DF