Another possibility is we get wrapped in Polyus, who would clearly have the ability to make a cash offer.

I feel that in either case,whether we get a great offer, a so-so offer, or even a lowball offer, the result will be that it brings the question of what is our fair valuation to the forefront and we will also attract lots of new speculators into the game. When they look at the fundamentals they will see we are nowhere close to a fair value at the moment.

Any deal with less than 90% on board is going to have complications if there is a dissident minority so it is to the benefit of the aquirer to make the deal lucrative.

RE