Ann: IRM: Intention to Make Takeover Bid , page-4

Does anyone know how long it takes to -

'prepare a formal Bidders Statement and lodge that document with the Australian Securities Exchange and Australian Securities and Investments Commission?'

So typical that no further information has been offered by Zohar as to why the off market bid for TMX has been made.

Doesn't anyone else have any concerns that money that could be spent on IRM tenements is going to be used for TMX?