RE:LUN's OfferThis is the first official offer, prior to this it was all smoke with ESM and then posturing saying that this go alone offer was coming. It's the first and a low ball bid. Lundin knows it. This begins the official bidding war and will flush out other suitors and gives Lundin more space to increase an offer as they could believe a white knight will surface. Sit back, don't be insulted and let it play out.