In AHRs Quarterly report December 2010 page 3 2rd last paragraph AHR plans drilling EARLY 2011. (Running late as usual)
In Late Dec AHR raised $1.6Mill this is to fund the drilling programme (In Many Announcements) Trust it is not burnt up with takeover Consultants.
The offer from Sunstar is conditional and should you fill in your form and mail it off you are contracted to sell your shares (FULL STOP) I am not a layer but need an unconditional offer to be assured you will receive you $$$ irrespective of the acceptance.
Clearly we need the Directors to bless the deal and I am confident over the next few weeks as this will be Sunstars objective.
Looking forward to AHRs reply to the bidder statement hopefully with current & forecasted Share price details.
I realise a takeover is a poker game and we must trust AHRs M & A consultants. (I was impressed when they spoke to me)
The market will be watching this closely.
Pleaser make you own decisions.
AHR Price at posting:
27.5¢ Sentiment: None Disclosure: Held