Ann: STX: Strike to acquire Talon, page-209

I think the best deal for the Mongolian assets would be for TMK to make an all scrip offer for Scrip Co when and if the TO by STX is successful .

Based on the percentage of ownership of the Mongolian assets a TO of Scrip Co at around half the value of TMK would appear to make sense .
The take over Announcements seem to imply that the Mongolian assets are just the Steak knives in the deal .
They are not !
IMO they have real value with a lot of blue sky potential but a much different risk profile too .