How much would it cost for an administrator to come in, audit fees etc.. not cheap. Why would Glencore, Freeport et al suddenly want to buy at auction and not do a deal now? One reason, offloading assets dirt cheap...cheaper than whatever shifty deal management have managed to sort out. Frankly.. none of options seem very palatable.. shareholders to lose out here.
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- Review of TGS Divestment of DRC Mining Assets by MinesOnline
Review of TGS Divestment of DRC Mining Assets by MinesOnline, page-7
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