MDL mineral deposits limited

Ann: Release of Target's Statement in respect of Eramet's Offer, page-3

  1. VYR
    4,897 Posts.
    lightbulb Created with Sketch. 3418
    Right on the money..

    The top number is pushing Eramet pretty hard.

    When you consider the project cost and lack of return to date its a small return to those who kicked in $6 based on the DFS.

    Will ERAMET be convinced by the majors to increase the bid to get to 51% ?

    MY guess is the fund managers will be able to justify accepting anything in the valuation range.

    Will the next announcement be X,Y and Z have agreed to accept a revised bid of $2.05 and ERAMET now holds 50+ % and the revised offer is unconditional ?????

    and those who don't accept will never get a dividend all they will ever have is some French partners.

    Will make me happy if it happens quickly because I've already found a home for the windfall.
 
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