"Mr. Bertincourt said he believes a reasonable offer for...

"Mr. Bertincourt said he believes a reasonable offer for Discovery is closer to a 30 per cent premium on his price target of $1.85 a share, which could be as much as $2.40"

http://www.theaustralian.com.au/business/mergers-acquisitions/cathay-goes-hostile-with-830m-big-for-discovery-metals/story-fn91vdzj-1226501320084

This Bertincourt bloke the papers been talking to since the first bid appeared is a ripper.