I suspect what you are really trying to work out is WHY you could buy at less than 8c and make a quick quarter bagger when Zijin pays out. I don't know the answer to that but I couldn't see any catches so I doubled my holding a short while ago so I have a small foot in both camps now.
IMHO the 10c is a virtual certainty but any more money for the non dissenting shareholders is unlikely. The real value of NKWE assets is substantially higher per share but ordinary shareholders have no power to reject the offer because we don't have majority control of NKWE and our so called directors who supposedly have all shareholders interests at heart are just Zijin puppets.
The dissenting shareholders led by a very dedicated and well connected man will prove in the courts that Zijin and others have illegally conspired to strip assets and increase their shareholding in NKWE. The courts will force a realistic payout for the dissenting shareholders shares. Until that court case is finalised the Chinese will not have full ownership of the NKWE assets and so won't be able to gain the necessary mine approvals that they desperately need to mine our PGMs.