This past article could play an important role here..ECE took a 51% holding in GBE at 34.5c per share.
importantly this was for GBE world 5th largest Niobium project.Niobium being an important and integral part of steel production.
However since then GBE have entered the GRAPHITE market with a very strong strategic position and this is my guess what is being jostled over now.
This is about to play out beautifully and shareholders can now sit back and watch the share price soar on the offers and counter offers....2 parties here WONG and ECE..
http://translate.google.de/translat...//bschool.hexun.com/2010-11-15/125634053.html
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