I agree. I believe buy the end of next week we will have another offer from Sunstar or another party. It is imperative we see the words unconditional.
Once the offer expires 23 March what is our (Shareholders) future? AHR would have burnt up a lot of Drilling cash on fighting the takeover do they need more cash? AHR is already running late on the 2011 drill schedule (Early 2011) what is the revised schedule. If the share price goes back to being Illiquid and $0.12/$0.15 we will kick ourselves for not accepting the offer. Clearly we will not see drilling results till the 3rd Qtr. Are we going to see some restructuring to ensure AHR is aggressively driven? Will antimony continue to increase? Will we get another offer???
But due to AHRs past performance I will closely consider rejecting an unconditional offer.
Having said all that I am very hopeful of a revised offer next week.
AHR Price at posting:
27.0¢ Sentiment: None Disclosure: Held