Your last sentence in particular is what I have tried to highlight to "those that matter" in previous posts. That is .... if holders are happy to sell to Tremont (& the Directors are happy to recommend) in a takeover bid, then it would make a lot more sense to simply hold off Tremont (which is easily possible) and negotiate a joint project sale - for a lot more $$$$!!
Tremont are not a mining company - as an investment mob, they simply want to grow their $$$ as quickly as possible. Is this possible? Well, two recent precedents easily convinces me.
CXX Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
