re: Ann: Acquisition of Mashala Interests and... Anyone got any...

re: Ann: Acquisition of Mashala Interests and... Anyone got any thoughts on this. May have already been discussed.

From General meeting notice:

the pre-approval of an investment of up to 19.9% of the Company’s issued share capital, at a premium to the share price at that time

From amended notice:

The Company is in advanced discussions with a number of strategic parties that are considering acquiring a cornerstone position in the Company with an investment representing 19.9% of the Company’s current issued share capital, being 103,606,156 Shares (Placement). The Company is seeking approval under this Resolution to allow the Company to proceed with certainty in negotiations in respect of the Placement, to be undertaken at an issue price equal to or above the prevailing price of Shares at the date of issue.

We seem to have moved from premium to one of equal to....