As
@remirez suggested, this requires someoen with the time, and a professional personality/communication, to contact ASIC and the company, and flag that SHers are not happy and want to see alternative options hashed out and communicated.
Withh regard to the 50% takeover, it would likely have to be a 51%, I would not e confident of a 51% takeover by a Chinese company would be beneficial, Chinese companies have a horrible history of payments for ASX listed entities. With rising Cu, this shoudl possibly be a tender, see whhich majors are attracted to a Cu/Cobalt resource like this. I'm positive tehre would eb substantial interest from US, European and Aus majors.... and a 50% by one of them, even at worse terms would be much more attractive, I believe.
Any volunteers?
