Chinese holding of the Kipoyi project would now be 27.2%
Gecamines 13.8% and TGS still 60% once we have paid out Congo Minerals
Presumably with this massive holding obtained for peanuts the Chinese would do everything they can to facilitate rapid production.
The most posotive factor is we know what the Chinese are getting and providing it stays at that level TGS is no worse off.
Options are now lookings very cheap@10c and a good way for risk conservative people to limit their risk.
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