OGX Shareholders Combined, page-84

Not if they already struck a deal with Cartesian in 2017 to make a low ball offer after Cartesian had milked as much cash as possible out of shareholders.

Of course I'm not saying or implying that this is what happened but lots of scenarios are possible when tens of millions of dollars are at stake. Maybe even hundreds of millions if Elisio holds 5m oz of gold.

Another scenario could be that Anglo believe the revised Cartesian deal is not legitimate, as it was not originally made clear to shareholders that cartesian now took all Brazilian assets as security. Did Anglo know when they agreed an MOU for a JV that cartesian held the JV land as security?

So many things that need to be clarified by OGX management. Anglo have certainly seen something they like and Cartesian are certainly tightening their grip by adding an extra board member. 

So blitz

you seem well informed

what will anglo offer?

3 cents?

do you have an opinion on the worst and best price we might expect and under what terms