increase in enterprise value, page-7

I think this is the relevant part of the text from the MCR agreement with Antafagasto...

"The Agreement contains mechanisms which will allow Mincor to benefit fully from any superior takeover offer that may be made for Tethyan. The Agreement will terminate if a higher bid is announced and is not matched by Antofagasta within a specified time period. The Agreement will also terminate if the Antofagasta bid has not become unconditional within three months following the dispatch of the offers to Tethyan shareholders."

Basically, the benefit of any higher price goes to MCR...

regards
DF