What about the otherside of the the coin.
Has GJ approached Hanlong to lift their bid over and above the current 57cents a share, and they are currently negotiating on this, 57cents being the starting point..
Increase in the reserve may have given GJ some bargaining power and he may have set a price range which would be reasonable...
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- Ann: NDRC Provisional Approval
Ann: NDRC Provisional Approval , page-18
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