RXL 10.0% 16.5¢ rox resources limited

Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-17

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  1. 12,484 Posts.
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    Presumably they don't think Teck will match it. Why would they plan to divest the assets into a shell and keep exposure, if at the and of the day it didn't work and Teck ended up with it for less RXL have spent on it?
 
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