sol takeover of exs

SOL have made a bid for EXS.
They had positioned themselves well for it by holding over 7.35% as at 30/9/11.

With RUM they have an even better position with 12.7% of the company.

I also noticed that RUM have appointed a director of development projects.
With high grade phosphate results and a 1billion tonne resource that is close to railway, Rum is the best position company in Australia to get into production its phosphate resource.

Sooner or later SOL will be making a decision, does it help fund the development to get into production or does it just make a play for the whole company.

Given that their holding 12.7% you know they aren't here to just sit back and watch.