I will state here and now that this offer will be and initial one. This is not the end game for ARU. If I am wrong I am wrong BUT this stock is firmly held by several funds and insiders who KNOW it is worth more and WANT more for it.

We have heard various fund managers in the past speak of the value of the deposit and yes there is political risk but the value is more than indicated today.

This offer would not have been agreed to by Patrick and the board unless they already had the funds onside.

I then surmise this is an initial volley with more to come later.