Sure that's as good a theory as anyone but I really don't think anyone on this forum know who harlequin are. Successful mining millionaire and billionaire South African mining people. They snapped up pala's steak because this waiting and longevity didn't suit pala's business model. Just because the word dinghi is heavily talked about on a gossip forum I think some would be surprised to find the dihngi occupy 1% of the daily thoughts of the elm directors planning and strategic direction. Elm IS in ongoing talks for mining development with big majors. Sure dinghi can sit and do nothing. Or they can make another bid of 200 mill like they did last time when elm was 24 cents and nothing has changed. Who knows who will 'win' to use that term loosely but harlequin got in this because they feel that with there ability they can pull off one of the most successful potash mines in the world. That's why they got in. Can they pull that off? Maybe? Will dingh come in at 19% and say we want it here's the money and harlequin are happy to take a quick profit? Maybe? Will dinghi do nothing and cross there fingers and hope everything will just fall into there lap? Maybe? I think the last scenario is most unlikely
K2P Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held