The BON takeover is an insignifcant event for me. The focus is still squarely and solely on ramping up MAK production within a year or so. Considering 3 directors are common to both companies, just cant see what the big fuss is, whether BON ends up being viable or not. As someone else said it reduces the paperwork and workload of the directors and allows them to prioritise with no conflict. Afterall what would BON holders say if 3 directors said we're going to hold off on any further BON development until we have started MAK production.
Overall not fussed either way and makes no material difference to my investment in MAK.
scrip offer for bonaparte diamond mines, page-90
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