I don’t think they invented a phony takeover scenario 351gt if...

I don’t think they invented a phony takeover scenario 351gt if by ‘they’ you mean Gascoyne.
My take is that story with its ‘tapping’ and it’s ‘suitors ‘ and ‘winning of defence mandates ‘ was just the tapping of a keyboard by a bored journo who seems to have been in trouble with a few stories lately.
He couldn’t even be bothered to check his spelling of “Golden Wings”.
The accusations against McKinnon here recently are better leveled at this one .
I think he missed the Christmas Eve announcement, got wind Macquarie was involved and decided to beat it up all by himself without any prompting because it achieves nothing bar that Gascoyne had to spend on the ASX announcement explaining what is really going on.
And it doesn’t need to do any spending right now except on bare necessities.

I am intrigued by @Harrindimill ’s (substantial) confidence and have wondered if it is the same WA source as the one who put him onto NWH as they were certainly right there .
But apart from that I don’t see any other reason for intrigue.

Albatross is right . The grades were lower than originally estimated and I think right now everyone has their heads down right now and is working their guts out.
Thankfully at Gilbey’s it is only by 4,1% according to the Cube estimation .( And thankfully gold price went up .)
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g++wRGZp/Rgke92GA==

At Golden Wings the story is worse :
Cube apparently not able to make it work so new consultants have been employed :
“GOLDEN WINGS GRADE CONTROL MODEL UPDATE
Alternate intepretation and modelling techniques are being explored for the Golden Wings deposit to improve production forecasting and gold grade recovery from this pit for the first half of next year. Consultants have been engaged to perform this work with the results expected early in the next quarter.”

Meanwhile if there is any strong selling (or buying) I would be mindful that the ship was very leaky last time round and some may know the results before others.