KP2 3.23% 3.0¢ kore potash plc

KP2 Discussion, page-247

  1. 811 Posts.
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    https://hotcopper.com.au/posts/73217842/single

    https://hotcopper.com.au/posts/73219227/single

    https://hotcopper.com.au/posts/73546091/single

    https://hotcopper.com.au/posts/73953802/single

    If a takeover offer does occur, i still think it will most likely come from SQM as a current major shareholder who trades in selling potash in South America and abroad (as per above attached posts).

    IMO, any potential offer would only come after the EPC and financing contracts are finalised, and a clue that the SQM offer was coming would be that SQM would start buying on-market shares (increasing their KP2 holdings).

    Not suggesting that a PowerChina takeover isn't a possibility, i think it is, but i also think SQM are better positioned (current major KP2 holder, and have a representative on the KP2 Board) and have a higher interest in owning the mine.

    Whoever does put in an offer would have to pay fair price, as i dont think the Oman Investment Authority and other major shareholders would vote and agree to give their holdings away for nothing after "holding the risk" for so long.

    If a bidding war eventuated between SQM and PChina, all the better for us shareholders.


 
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