The document is a primer for a takeover: What Zijin has done here is--- Achieve as much as they can legally obtain in Nkwe for as cheap a price as possible-- great work on their side
They have blocked competitive bidding --- by securing in writing that Genorah can sell to no one else for 18 months
They have now to do independent valuation from two sides before launching a takeover offer-- and they can go by the valuation because they have discounted their future offer:
There's only one question --- when will the TO come
NKP Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held