The nickel assets alone are probably worth over $4
The company owns 10 percent of the worlds high grade manganese.
It also has copper, zinc, chromite and iron ore.
$2.28 doesn't come near where it is worth.
Remember most takeovers start with the lowest price possible.
Baxter and Gilbertson are both South Africans. Gilbertson has already been d*cked by us Aussies. Chances are these two are in cahoots.
But one thing is certain. Baxter doesn't have the final say. THE SHAREHOLDERS DECIDE and a lot of the institutions don't like it.
In order to get control of this company Gilbertson will have to get their approval.
Read this next bit carefully...........
When asked if this was the final offer Gilbertson said .......he had been advised not to answer the question.
Get it....no answer.
Let the games begin.
CSM
cosmo gold limited
The nickel assets alone are probably worth over $4The company...
Currently unlisted. Proposed listing date: TBA
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