Not a hope of mining in that short a time frame IMO.
As I see it there are 3 possible outcomes at the moment:
(1) A higher offer is made from someone else
(2) Shareholders reject the offer
(3) The offer proceeds without change as insufficient "no" votes are received
I think it is well undervalued at the current offer but lets see what the hopefully imminent announcement re the resource is that may open this up in terms of the response to the offer / other offers
Ann: Essential and TLEA to enter into Scheme of Arrangement, page-78
Add to My Watchlist
What is My Watchlist?