yes, its done so brilliantly. very savy.
it will be pushed thru. I have no dought.
shareholders will have no choice but to accept what is offered.
I was really hoping for a much higher offer as were a lot of others.
there may be some Asian interests that could trump this offer and get two mines for next to nothing.
I still hold some hope but unlikely because of the way it has been set up.
imagine someone coming along and offering 40 mill for 25million in cash and then getting two mines.
I think that there is a lot of gold down at Henty, Not sure about Dargues, however at 800 AUD cost it would be worth a gamble for someone with some backing.
sacking everyone in sight and installing their own people and minimising cash burn. not really that unimaginable. I am really wondering what PYBAR will do and where Henty and Dargues will be in two years if they take it over.
lets keep hoping.
however, my grandfather said, you can hope in one hand and crap in the other and see which one gets full first.
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