not sure that any bid would necessarily be hostile.
i think the company would (and certainly should) look very seriously at any offers in the region of 30 to 40p per agu share for BAM.
i think that a buyer would be interested in those proven zinc assets rather than picking up the more speculative gold.
i certainly hope that the co would take the money at 2 to 3 times current sp, rather than holding on for another summer's drilling as an independent outfit.
sell to the big boys, we take our money, and they can start gettign the metal out of the ground- it is doing no good to anyone just sitting there and realistically agu is not going to get it all out itself.