1stocks
to answer your question.
A. Because it is cheaper to pay 30c now, than 1.00 later.
That simple.
Plus, they can de-list from the asx.
Why would Z want to do all the hard work of developing the mine, and having to share the booty with asx minorities?
There is no logical reason for a chinese company to not go the full hog into takeover.
They will own all of NKP.
Genorah, will retain 26% at the BEE project level for compliance purposes.
We are just an inconvenience.
Normally, one might retain a finger on ASX or other boarse access to capital markets, equity finance.
Do you think that Chinas largest gold producer, will have any trouble with financing this project?
They dont need us, or any other capital market access to funding.
1stocksto answer your question.A. Because it is cheaper to pay...
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