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Ann: Change in substantial holding from SLR, page-9

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geko123

1,346 Posts.

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03/09/19

17:31

Post #: 40295487
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Originally posted by Davisite: ↑

While I don't disagree, I can't see the current board remaining even if the TO doesn't get up.

I can't see any independent director ever agreeing to any deal on anything other than commercial terms - the risks are just too great as it would be an open and shut case for ASIC. Even a toll deal biased in favour of SLR would still be better than the offer we have right now. Unless SLR can get over 90% (very unlikely) they are going to have to deal with the EGA shareholders on somewhat reasonable terms.

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Any updates with anyone on this AMAZING - not T/O?

EGA Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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