Looks very good for CGNPC NOT reaching the 50% shareholding and...

Looks very good for CGNPC NOT reaching the 50% shareholding and a higher offer by CGNPC could be forthcoming in early February!!

KAH announcement included:
"Taurus holds, or has received irrevocable undertakings or letters of intent to accept the Offer, in respect of 14,383,335 Kalahari Shares representing approximately 5.7 per cent. of Kalahari's existing issued share capital as at 4 January 2012, being the latest practicable Business Day prior to this announcement. The Offer will remain open for acceptance until 1.00 p.m. ( London time) on 2 February 2012."