"They want what we've got" - 'They' just know that the longer they wait it out, the more chance they have of picking things up for a song - as opposed to any JV or 'offtake agreement' as also mentioned by HR last night. The focus on a takeovers was very telling IMHO.
The largest shareholders will all benefit regardless - especially those those who received their shares for free.
It might also explain the focus on drilling to 'fatten' up the resources instead of trying to extract any value from them.
QMN Price at posting:
4.3¢ Sentiment: ST Sell Disclosure: Held