Hi Waiken, like you, I would like to see another bidder, if not for the whole company, then at least for the Uranium assets (principally the Sentinel project) which seem to be of little interest to Entree. This might prompt some renegotiation of the bid. Otherwise I see the value of Sentinel and other potential projects being potentially overlooked in the rush to aquire and focus on Ann Mason. I agree with you that the directors of Yandal and the other major holders (many linked directly to Giralia and having spent a long time - a decade or two in the case of the founder Mr MacDonald - putting together the portfolio of valuable leases that PMH holds) will not give it up cheaply. I am confident that there is a strategy for maximisation of the immense value that is inherent here.
PMH Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held