So, if MIN ever gets to 90%, it will surely be well after the new drilling results are announced - and by law, they must be announced regardless of MIN's wishes.
If the drilling is successful, then the Takeover Panel will require MIN to reflect the new value in the price they pay for the remaining NWE shares.
I frequently reflect on the potential risks of keeping my 3 million shares of NWE, but I haven't identified any yet.
NWE Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held