Amusing to whom? You make it sound like a T/O isn't on the cards at all. Care to share what you know or are you simply speculating?
When a cashed up gold producer (NST) buys a key stake in a junior (EAR) following a significant reserves upgrade and just happens to have a mine (Jundee) in close proximity to EAR's tenements, what is one to assume? I suspect they are after the Bronzewing mill, not only the Au reserves/resources and prospective tenements.
You may end up being right with your 'blocking stakes' theory, however, I feel reasonably confident that a T/O will end up going down. Only time will tell who is correct, but rest assured that I won't rub it in with amusement.
Still holding here, as the current SP isn't close to a fair T/O value.
