RIU Conf. TIMELINE, page-17

30c said MST Access for 2 years now.

bid at 15c at this rate

bmm citi would flip, af af would hold out
then MD MD2 MD3 BNP Padley Army grouping of 43% would block it with af af.
then 20c then another bidder goes over the top

AGO scenario here, a 4 x mber looming

if PH talks of a t/o for 18 months now do you think he would have taken defensive measures, signed an offtake with $50M cash & NOT done 2 dirt cheap CRs like he did & ramped the SP?
yet he hasnt so its empty words.
he wants a friendly large new holder to sweep out bmm af more like it.

with NP at 12.90, pos sp should be at 30c imho.