I believe it is 6 months.
Someone please correct me if I am wrong but I don't think it necessarily has to be a higher offer
eg. if the shareprice falls significantly after the offer close and upon the eventuality of a Gobi drilling duster.
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- Ann: BCP Energy T/O Bid - Notice of Status of Conditions
Ann: BCP Energy T/O Bid - Notice of Status of Conditions, page-8
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