True, but I'm not saying combining both 50% of the project (ie....

True, but I'm not saying combining both 50% of the project (ie. AZX and GGB) is a bad. Yes, synergies are definitely there.

eg. i think it would be the same if AQG controlled 100% of Frogs Leg and looking at CQT-CAH deal with NCM combining the Cracow Gold Mine as 100% ownership under the merged CQT-CAH is good.

But the offer that stands which GGB has given us is not sufficient and GGB is not as great as I think it is. Also GGB management is not proven for a project like Bullabulling.

So I'm totally opposed to the offer at its current form and open to other potential bidders or a better GGB offer.