Kinernann knows chromate and as I mentioned in a previous post...

Kinernann knows chromate and as I mentioned in a previous post there is a S@#t load of it in Kaimantan and OLY has already joned forces with the guys who have got it up there.

I doubt its a take over probably Kiernann will do what he did with PMM when he was with CSM buy it hold it wait for shares to appreciate and off load.
OLY needs cash soon so a placement by TTY could be on the cards it would give credability to OLY which it has lacked up to now. Personally I am glad Lockett is out. I dont think he was to keen on Kalimantan it was not his baby and I feel that is the direction for OLY, they will also need something steady as well and that is where the chromate comes in.
Same machinery can be used to extract chromate as with mineral sands with a seperate shaker table.