Offtakes etc..., page-19

History doesn't have to repeat itself Greed. We are supposed to learn from history!

Having the unique factors (all of them!!) that the Panda Hill project evidently has, I would be expecting the Board to do what they are required to legally do - to act in the best interest of their Shareholders.

If they are hell bent on not wanting to take this thing through to mining the niobium - and reaping the financial yield that has been repeatedly stated in their announcements, then I reckon they will be financially far better off by selling their share to another entity - as opposed to a quasi sell off by way of a takeover by Tremont.

Afterall, even if we cave in to a Tremont takeover - how long do you think it will be before they sell the whole thing off for a massive profit ..... especially if they can take us out for below a dollar?