Good strategy and foresight,RAM. With ODY holding such a large parcel of shares in MAE one would suggest that 80cents would be the minimum placed on the table. ODY would at least be looking, like us all, for a profit, so $1 - $1.50 might be acceptable to them for their 27.5m shares....maybe even more! Remember, GS has no doubt had ODY and the other major shareholders sign a document to indicate that they would not make a counter move should a bid be made. ODY needs money to progress its other mining interests and this is the best way to get it. Bernie
MAE Price at posting:
38.0¢ Sentiment: ST Buy Disclosure: Held