I don’t think MIN will make a bid before the scheme meeting, unless the scheme meeting is delayed. If ESS has to pay a 1.35 mil break fee then it’s still 1.35 mill that can be saved if they wait 4 days. If Ess has 1.35 mil less then it has 1.35 mil less after MIN takes it over, if MIN takes it over. The risk of selling now however is if Tianqi suddenly make revised offer. I’m not selling. GLTAHs
Ann: Mineral Resources Shareholding in Essential Metals, page-14
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