Some months ago, PNA created a new major development opportunity...

Some months ago, PNA created a new major development opportunity for itself and Highlands (HIG; of which I am a long-term holder) in taking an 80% stake in Frieda Cu/Au project in PNG (HIG kept 20% and PNA became a shareholder in HIG).
IMO this is a great opportunity for PNA and HIG. HIG had the resource, and PNG connections and knowledge. PNA now has a world-class asset, and HIG has PNAs expertise and scale to transform the resource to an operating mine. PNA also brought its expertise to bear with a new mine development concept, transforming blue-sky into a developable project.
I expect that both PNA and HIG shareholders had high hopes for Frieda.
I am wondering what might happen to Frieda now that GRAM has made a takeover offer for PNA (by the way, while I am no expert on PNA, the offer looks opportunistic and underpriced; but such offers are sometimes "sweetened" (i.e. made less sour!) and succeed).
Has GRAM said anything at all about its intentions for Frieda?
with thanks in advance
curiouswon