Sorry, here is the reference to that announcement:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10854983
So Kalahari and CGNPC are agreeable to the possible offer price being revised down to 270p (7% reduction) and the date for a firm offer being extended to June 17, but approval to make these changes has to be obtained.
These changes to the possible offer seem reasonable to me given all that has happened.
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- proposing to reduce offer to 270p
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