Ultimately, you have to trust your research and the proven resource.
I personally never trust an independent report ( or paid research reports ), especially one which supports the view of Directors. The Directors have much to gain (e.g those options are worthless, what considerations are being made?) - and some even compromised I.e Pala Director. Nothing has changed in terms of the project, yet share price and placements have been much much higher than the 'preferred' price. IIRC it was only the Diggers and Drillers sell recommendation that sent the SP sub-50c.
I have previously owned AHR, a promising antimony company that had an offer of 28c. Final shareholders were bought out for 40c.
With so much 'sighted' international interest and funding options, I tend to agree with Iain M and accepting the offer may not be the right move (not that my holding will make much difference!).
K2P Price at posting:
56.0¢ Sentiment: Hold Disclosure: Held
