Sarah at the AFR taking more dictation from Strike
The angry shareholders have fired off an ultimatum to Talon’s board to take Strike’s proposal seriously. With the investor pressure building, a deal could be reached as early as this week.
Sources said Mineral Resources and Hancock Prospecting – fresh off battling it out at Warrego Energy’s take-private – have been approached for funding or strategic involvement. However, given Talon’s $109 million odd market capitalisation, the big fish reckon Talon’s too small a target to take a bite, sources said.
Same message, "shareholders" are supposedly desperate to take the first low ball and no one else wants Talon.
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- Ann: Response to Media Coverage - Non Binding Indicative Proposal
Ann: Response to Media Coverage - Non Binding Indicative Proposal, page-49
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