qld coking coal and takeover approaches, page-7

At least there is substance to the announcement, things are happening behind the scenes - admittedly the announcement said that the parties were at the front end / just started their due diligence so perhaps there are several months waiting ahead of us on this front.
Good thing was that there was heavy buying to $1.90sh however obviously the sell side firmed up as well - who was dumping - Jakeman????? if he was so "disillusioned / upset"???.Price down but the sell side is light - doesnt take much interest to move the stock up.
What concerns me is that the market is anticipating a JORC update within the next week and a half and we are dropping away - how does CLR ringfence this continous drilling & compilation activity from the data room? - is the market informed ? or others moreso??