Patersons - A$0.35 price target, page-44

Understand your doubts, and maybe your hunch is right, it's taking a lot longer than I'd like. On the other hand I think it just needs more time, after all it is a huge amount of money that we seek... multiples of HRR and NCZ's funding. It's not that a junior can't do it, it's been done before.

Numerous parties are in fact looking for a piece of this gift, I think someone said here yesterday 32 parties are looking at financing, naturally this process takes time. While it's all in train I'm not about to sell out or anything...

Any other party, MMG, South 32 or whoever can't simply buy us out for <$50 million market cap. If they show that kind of interest the market cap goes straight to hundreds of millions...