they can't be serious?

All scrip / no cash bid with no minimum acceptance??

They expect people with ASX-listed stock to take shares in Singapore listed company? Can't be traded by most retail investors in Au.

They expect SBL shareholders to watch Sing $ exchange rate and LionGold share price to calculate $A value of offer per SBL share?

They want to take a stake in SBL without getting complete control so they can integrate it into their Ghana other operations?

I don't think so !!!

I don't want LionGold shares (who does?!) and I don't want a new controller of the company possibly running the ops against interests of the remaining minor shareholders.

I want a cash bid that will get LionGold to >90%. Don't know what that bid would have to be but it's more than lowball 2cps.