Seafield Resources Ltd V.SFF

I bet Batero takes a run at these guys.

[2stereo]

Funny how the SeaField Rights plan press release came out a day after the Batero Corporate update press release which indicated an acquisition strategy in the area.

[Zooloo]

Batero looks cash rich (17 million!) and after a cursory look seems to be able to negotiate a better deal than SFF. A takeover would be logical and depending upon price probably a good deal and likely a best case scenario. My impression of SFF management is a bit too much chowing down at the trough and deals calculated to keep the trough full. A rights plan would be in that vein

[2stereo]

Also noticed how those options were re-priced the following week to .10  I think somethings going to happen here.  

[Cavcalade]

You posted this article a few days back saying: TGR: Does a merger between Batero and Seafield ultimately make sense? PH: In many ways it does because the two projects are next-door neighbors. Having shared infrastructure and shared roads makes sense. However, both Batero and Seafield are run by very competitive CEOs, so coming to an agreement about who wears the trousers may be difficult. There