Hi Pom,despite one took profits on only half of his holdings...

Hi Pom,

despite one took profits on only half of his holdings most in the top 10 that I speak to will not look at anything less than 40c - 50c.

Once this plant is complete and the sp runs, any wind of any big transaction will see the sp well above 20c,

Then if an offer comes who will take 30 when the SP is say 25c.

And lets not forget how important Mr T and JW are in this.

Any successful bidder will want both!

Therefore that makes it an "agreed" takeover" not hostile.

For agreed the board will have to agree and I am pretty confident in guessing how much MT and others think is "fair and reasonable"!

For those who think this is all hot air, you are entitled to your opinion. Possibly the same few that said why would BHP pay 20c a share when 20 - 25 was predicted on this forum. The SP was 8 and those few were saying no more than 12c!

Time will tell but from what I am seeing and hearing
very good things will come to those who waited!