I think given NCM's announcements subsequent to LGL announcing...

I think given NCM's announcements subsequent to LGL announcing the rejection of the offer, its pretty obvious that there is a good chance NCM will either come back with a higher offer or go direct to LGL holders. I doubt very much they would have made the presentation they did, or released what appears to be a plea to LGL holders and a direct invitation for feedback from NCM shareholders (the release included this paragraph "Newcrest will be talking to its shareholders and is keen to hear their views of the Proposal. Newcrest and Lihir have around 50% common share ownership. Newcrest remains willing to discuss the Proposal with Lihir.") if they aren't still looking to do a deal.

Unfortunately I sold out prior to the trading halt and follow up announcements coming out, although I would imagine the price at which a deal is eventually done will not cause me to lose any sleep over selling out early.