RE:RE:I say they should stay as is to thwart other takeovers, and develop the mine themselvesThat's a specious analogy. This is about the easiest type of mining there is, open pit, blue sky mine.
Hire their own experts. Give stock incentives, they'll come on board. The grades and quantities are so high that experts can see the obvious value and success. All they need is money to build. The experts will work for stock and they'll be happy for it.
There's plenty of finacing out there for mines with bonanza grades like PLS. Build it themselves.
Best solution is a merger with a super posion pill that keeps the institutional investors from voting.