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4.9¢ tiger resources limited

Ann: Tiger signs binding agreement to divest DRC operations, page-107

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rae915

4,881 Posts.

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01/02/18

17:53

Post #: 30747658
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Originally posted by TheFriar ↑

As @remirez suggested, this requires someoen with the time, and a professional personality/communication, to contact ASIC and the company, and flag that SHers are not happy and want to see alternative options hashed out and communicated.

Withh regard to the 50% takeover, it would likely have to be a 51%, I would not e confident of a 51% takeover by a Chinese company would be beneficial, Chinese companies have a horrible history of payments for ASX listed entities. With rising Cu, this shoudl possibly be a tender, see whhich majors are attracted to a Cu/Cobalt resource like this. I'm positive tehre would eb substantial interest from US, European and Aus majors.... and a 50% by one of them, even at worse terms would be much more attractive, I believe.

Any volunteers?

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you don't get takeover without paying up. Simple as that. But I agree payment can be a difficult proposition with Chinese companies....as gov't must approve first and may even have to help out .

TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
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