Some stages I can think of are:
- Evaluation of JORC, quality of data used by engaging their own team of experts.
- Checking the legal structure and lease mining agreements.
- Securing funding.
- Announcement of Sale.
- Execution of Sale and integration agreement.
- Approval of transaction by voters of both companies.
- Completion of deal.
It took 9 months for BHP acquiring OZL.
BP acquired BHP’s unconventional assets in 4 months.
Rio acquired Turquoise Hill in $3bn in 4 months.
Rio Tinto's acquisition of the Platina Scandium Project is still in progress after 3 months.
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Some stages I can think of are:- Evaluation of JORC, quality of...
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