Ann: RRL: Response to Media Speculation, page-44

I dunno.

RRL is the mid sized Oz gold producer which best specialises in getting the most out of such lower grade gold deposits, so I think they have an advantage in being the likely successful candidate.

Somehow I doubt that there will be a competing takeover offer from a local producer, but there may be cashed up companies from overseas of whom I am not aware.

NCM is the only large Oz producer that would take them over at a higher price without a blink if it were a long life large scale project, which it is not.

loki