MIN obviously has an interest / need to do a TO of STX, via the...

MIN obviously has an interest / need to do a TO of STX, via the only means available, with is a script offer.

Just like the Woodside / Santos Dance, the one being acquired, expects a premium .... and the Suitor, who is paying for the premium with stock .... wants their stock to be .... well inflated !!!!

Take a look at MIN share price of recent. Falling back to its 12 months low of circa $56 (when most others in the ASX200 are at all time highs). Sure the reason is the price of Lithium, but its all about Timing.

MIN needs that Export license ... AND their SP to improve B4 proposing at marriage. I feel we are 6 months away still.

Still that's good for STX .. we can use that time to keep buildings certified reserves.

i am pleased with STX at 47c, its holding up nicely. Is there a near term catalyst to push it beyond its 12 month high ? I don't see any Export announcement as being the immediate reason. We just need to keep doing what were are doing. Watch and wait. See what happens with this Santos merger and watch the SP of MIN, for clues. Who knows IF Santos aren't happy with their merger offer price, they might saddle up with STX to throw a spanner in their deal. There are a few big things happening which require continual observation!!!