Garn,Perhaps an answer can be provided by way of my original...

Garn,

Perhaps an answer can be provided by way of my original post regarding the liklihood in my opinion, of a t/o?

I am of the view that deliberate ambiguity exists within the timeframes & allocation of funds put forward by RES management because I can't ever see RES progressing beyond the BFS which then signals to me at least a takeover is extremely likely.

I've read with interest what could perhaps be described as 'blind' faith being placed in PJ by posters on HC however I'm more reserved about his actions ie significant company interest & his likely benefits from this.

I know my views regarding a t/o aren't aligned with many on this forum however I maintain we should wait & see what comes in the nearer future rather than the longer term.

Watch this space!

CLM