I believe we would have at least one directors vote as "No
as Craigy I believe needs at least $1.75. Last count I have him owning only 30K shares.
How does the directors oppies work, do they have to exercise or do they just rank with other shares and basically a windfall for these guys.
My fair value on Railway and Railway alone is at least $3.00.
As for Takeover WA I am a simple simon, I still dont believe it. If I see article in Financial review tomorrow about the hits and possble takeover rumours then maybe I just might start believing.
Perhaps UBS was appointed to negotiate a sale to BHP once visuals sighted or part of there overall sale of our tenements with the BHP RIO strategic partnership/takeover.
Cheers
I believe we would have at least one directors vote as "No as...
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