There are big problems in Togo at the moment with SNPT and the employees working at the mine. The government now knows that SNPT are killing the industry.
Who knows what they spoke about? Remember this has happened after the delist Ann and maybe BMB thought they were not in the running. I am not sure why BMB is delisting considering their last two announcements. Maybe they are thinking coal price will be heading south as will BMB because we are tied with the coal sentiment.
Long term it might be a winner. However Togo phosphate would guarantee a winner.