1) If the event is from the Chinese then yes they are...

1) If the event is from the Chinese then yes they are outstanding capitalists.
2)Comes back to the golden rule.
He who has the gold, makes the rules.
In this case Investec / Chinese
3) The 210M deal from Investec isn't new news.
The 210M deal was announced about two weeks ago, however no name was put to it. Still likely to be just cover.
4) The bondholders will now be able to force redemption on their bonds.
They can invoke the "change of control" clause.
5) The options were soft and therefore any offer north of 60c, unlikely.
$1 is just pie in the sky with the debt that needs to be absorbed.
6) If the Investec route is taken, there is a shortfall of about 40m and the share price calc is based on a 30 day vwap.
7) My investment account is empty of GDO, but have my long41 sitting open and I'm hoping GDO don't fall off the boards. Never seen this happen on my CFD account before, gulp. Knowing the thieving devils they will probably close the door on me at 43 regardless.
8) Any offer will be conditional and rand is still conditional. Will we have a conditional, conditional offer?
9) Any deal made NF and friends will do well. As close to a guarantee you can get.
List and use public funds for the risky start up phase, develop cash cow then ...
Mav