contacted by phone re pdn offer

Hi all

I was called this evening re Paladins offer for SMM by some call centre on behalf of the PDB bid. Was just wondering if others had received such a call. I gave a firm no to the takeover offer and stated that the offer was far too low. Would indicate that PDN is trying to stir up interest in accepting offer and or may be evaluating plan B options ie increase offer etc

I think that market sentiment is in favour of SMM thwarting current bid and that with favourable drilling results (which were promised for Christmas 2006) and change of ALP policy in April that shares will head northwards at apace.

Any comments?