Back from work my first read of the announcement right now & first reaction as follows.
Nothing we don't already know.
Talks with Mitsubishi probable outcome "We don't want to own infrastructure with Chinese"
I'm convinced there selling the lot to Chinese.
Price being negotiated as we speak.
Shareprice will remain as is 2morrow the big boys have known there in price negotiations for full sale. Share price stability at present is testament to that.
I think price now may be between 1.50 and 2.00. "Bummer"
Hope it's more.
Lonhro's assessment.
DYOR.
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