As for Helios being taken over later on, after further thought,...

As for Helios being taken over later on, after further thought, the most likely scenario that RXL have in miond is that the other gold companies build up resources in the surrounding areas and find Mt Fisher attractive as an addition in order to increase processing efficiencies and extend the overall value of their holdings.
Interesting, that from the outset, RXL have this in mind as an outcome rather than Helios making its own way as a gold company. We see this line of thinking coming out repeatedly with RXL. They work as primary explorers and then sell out to other interests once something definite is identified and JORC resourced, in order to begin exploring elsewhere. That is fine provided there is a decent return to shareholders.
None of this endears me to take up a position in Helios. Much better prospects elsewhere, although I am still prepared to give RXL the benefit of doubt in regard to nickel.