Thanks for the link.My take is that it's likely they have...

Thanks for the link.
My take is that it's likely they have reached a price where they will recommended the offer to shareholders. I assume that it would be a short rejection notice with no need for a media briefing if they weren't happy with the offer.

I personally will be very dissappointed if the offer is below 30c and believe that fair value with a change of control premium would be 40c or more.

I believe there will be several likely catalysts to rerate the share price towards 30c in the near term as we make it known we are net debt free and generating significant cashflow. I expect this to be highlighted in the upcoming quarterly report. This quarter should be the first to show we are on track for 150koz production at C1 costs of $970.
We also have a $37m exploration program with the potential to provide significant upside.