Meeka's NMG approach - genuine or just posturing?

In my opinion the recent article in The Australian (3 Aug) by Bridget Carter about New Murchison Gold (NMG) knocking back Meeka Metals’ approach smells more like a strategic distraction than a serious move.

Let’s step back:

Just a week ago, it was Carter again floating rumours of Westgold (WGX) making a move on NMG.

Now we see Meeka suddenly stepping into the spotlight, only to be quickly knocked back by NMG.

Here's a possibility:
This Meeka approach might not be about acquiring NMG at all - it could be more about trying to raise Meeka’s profile or perceived strategic value, especially if WGX is actually circling Meeka (not NMG). A move like this could make Meeka appear more attractive or strategically important, nudging up the price if WGX or another suitor is looking at them.

So a few scenarios to consider:

Meeka is baiting WGX - Meeka's public "interest" in NMG could be a play to force WGX to move faster or higher on a Meeka offer.

Leaking to media as a tool - Bridget Carter being the common denominator in both stories (NMG and WGX rumours) could suggest she’s being used to shape the narrative. Nothing new in M&A games.

Smoke, no fire - Meeka may not have had serious intentions; just enough of a move to trigger some headlines and shareholder interest.

Counter-pressure on NMG - Maybe Meeka wanted to shake NMG into coming to the table or even just generate inbound interest from other players (e.g St Barbara, Ramelius, etc.).

WGX running the real game - If WGX is indeed eyeing Meeka, then Meeka flexing its own "deal making" image might be a defensive move - trying to negotiate from a position of perceived strength.

At this stage, it looks like posturing from Meeka. NMG is very focused aand about to be selling high grade GOLD ore to WGX, and they’ve brushed off Meeka pretty clearly. If anything, Meeka’s approach just shines more light on how attractive this region has become - and how tight the chessboard is getting for mid-tier WA gold players.