Well, someone is soaking up small amounts each day. When it's...

Well, someone is soaking up small amounts each day.
When it's about takeovers there is always the question...why don't they buy at this (low) SP level?

But that's simple. You never get a significant amount of share at a nice price.

You can buy maybe 1mio Amani a day split in 15 parcels.
Try to buy 10mio per day...close @ 4c ?
Try to buy 100mio per day...close @ 7c ?
Try to buy 300mio per day...close @ ?

Anyway China is aiming to have a gold-backed currency. Not just some virtual numbers cought in huge dept bubble.

This all is an obvious logical line of thought.
China wants it. China gets it.
In this case it looks like they want the 6-10 mio oz (final) in Giro.
They stepped in with 15 mio AUD.
Now they are part of board and can make themselves a clear picture wheather it's worth investing 200 mio USD in a takeover or not. That's what happening right now.

If there is no agreement about the price,
there will be no stage 2 and 3.
Then Amani has a 15 mio AUD to deliver a measured resource and sell.
Both scenarios are promising.

Of course this all is just an opinion.
We will see quite soon.
I guess for those reasons GM will be postponed in mutual agreement.

We will see an invitation for GM including
the report from independent expert (and technical expert) and clear and agreed future strategy . This could boost the SP significantly.

Or we will get a Trading Halt regarding a complete takeover by LW (State Council backed)