The current BOD will be kicked in the gut and Cottee will end up...

The current BOD will be kicked in the gut and Cottee will end up with an extremely very rude shock too.

But, if I was you, I wouldn't be holding my breath while waiting for that to happen.

And, while IMHO, I wouldn't write STO totally out of the equation either. Neither would I write the chances of them making some sort of a move on us either. Not yet anyway.....

Think about what would happen in they were to do that and come out with an offer (NO, IT WOULDN'T HAVE TO BE A CASH OFFER EITHER) for it to succeed. Especially if they were to throw the towel into the ring and lob a shares for shares offer. IMO they would be swamped with acceptances as the current shareholders would know that, in accepting the offer, they would still be in line to benefit from any upsides in all the CTP tenements, plus any other upsides which STO would have under their ongoing daily operations.

Now consider that if they were to come and say (Just as an example) ""We will give you 1 of our own STO shares for every 14 of your own shares (NO CASH) and where their current shares price is at around $2.95. That will work out at a little over 21.07 cents per share which is above the 20 cents per share offer from MB, BUT every shareholder will still be benefiting from any future upsides in STO's shares too.

IMHO, they will be swamped, and, most importantly, this would put an end to this ongoing saga.

And, don't forget that they have made it clear that they are going to restart from where they've left off in the JV with us, and that is something which may upset MB too. Especially when CTP could be forced to trump up with their own shares of the costs, or getting diluted further by reducing their shares of the tenements and subsequent returns on future productions.

Dear of me, the show is getting better and better, and more and more intriguing by the day.