In a stock with the ownership as tied up as this any offer will...

In a stock with the ownership as tied up as this any offer will be an agreed offer with a big break fee attached to it.. there will not be an unsolicited offer it will need the boards blessing or it is a non starter. If its Rio or indeed anyone else they will be sitting down with Kalahari and friends.

The stock has been under the radar ie not covered by the big brokers as there are no major institutions in it ,( which you need to justify the research). With a tightly held stock like this the retail can drive it up very fast and likely will continue to do so as word gets out on the size of the resource. Dattels moved quickly to cement his position as he can see whats coming. Also good to get in again for an increased stake with Rio coming to the table for talks. A boost in Uranium spot price which is long overdue will add further fuel to the fire. Note the big movement in TOE today ., .