faucon-1 & mputa-1, page-8

Gday abuman. Why do someones due diligence for them.

I've been thinking about wpl's attitude towards the lack of Mauritanian info and i think its been mentioned before but i will repeat it anyway. I reckon wpl are thinking along similar lines and get a little irritated when hdr shoot their mouth off. wpl dont want to give a predator a heads up on the real value of Mauritania and this is a good reason for wpl to knock any takeover attempt of hdr on the head because if hdr was to be given an offer then the real value of Mauritania would be splashed in every newspaper and weaken wpl's takeover defence should they be the target of a takeover attempt.

Mauritania is probably wpl's only secret weopon. If a takeover of wpl was attempted and wpl could surprise the market and convince it that Mauritania is worth say $20 per share over the next 3 years then that is a pretty good defence.