takeover, page-9

Nut,

Good Morning. Thak you for your comments

This is the first offer and I think the market IS EXPECTING AHR to reject it.
As an illiquid closely held unknown stock I think it did very well yesterday.
We also got an indication of how the SPP closing this afternoon would be treated and I suggest it will have a high acceptance considering you can sell the shares on market and buy them back with a say realised 70% profit.

Due to the Takeover, Resource Upgrade and the pending Scoping Study AHR the market is starting to acknowledge and shortly AHR will reach a realistic share price which shareholders will be happy to trade.

Please note the TAKEOVER OFFER was UNSOLISITED.

ALSO per the letter there had been Joint Venture discussions. (Worth a reread)

But at the end of the Day/Week/Month the Directors have a Takeover & Joint Venture offer are continuing negotiations hopefully with more than one Sutter.

Time will tell