Resisting the takeover

Listen up, cobbers - the bid by the Chinese undervalues the company by at least 50% it's worth north of a dollar and they are offering north of $.50.

This is the current valuation but it pays no attention to the blue sky – a potential heap leach programme and the other ground in Ivory Coast and Liberia.

Properly managed and having regard to a producing mine, potential heap leaching program and outstanding blue sky, this could be a big company with everything that goes with that - share buybacks and dividends.

The best way to resist the takeover is to buy the effing shares, cobbers - drive up the shares.

Money talks and BS walks.