ChiFeng has made a short note, acknowledged the event.
They made the statement that they are entitle to call off the deal and request RSG to refund the $5m, plus interest incurred.
There is no penalty to RSG if the deal fall over.
So worst case for RSG is: not net proceeding from ChiFeng.
Current market value already fell much more that Bibiani worth, bits of over-reaction. Any positive result from the negotiation with Ghana gov will be plus.
ChiFeng has made a short note, acknowledged the event.They made...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 51.5¢ | $2.700M | 5.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 172817 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 163214 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |