if EQX don't stump up they will get 51c not 57c......don't think this will happen. remember exxaro only need 50% acceptance - they will get this easily.
CFE have snookered EQX - who won't be that dissapointed as they hve made a very quick buck and should fund plenty of drilling/dfs etc - they are also the next target.
eqx will hold off till the last minute and accept - it is worth 6million for them to get the 57 not 51. they don't have the firepower to compete.
well done cfe, aki and eqx (funny enough)...
AKI Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held