OZL 0.00% $26.44 oz minerals limited

when does the patience of the banks run out?, page-25

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    A couple of extracts from the MM deal release...

    "OZ Minerals is proceeding with its previously announced asset sale program in relation to
    Martabe and Golden Grove. Minmetals’ price will increase if the aggregate net sale proceeds
    received for those assets exceeds $425 million (see Attachment)."

    "Price adjustment
    If, prior to the scheme meeting, OZ Minerals receives sale proceeds for Martabe and Golden
    Grove of at least $425 million, the consideration payable by Minmetals will be increased by the
    07
    amount (if any) by which the net sale proceeds exceed $400 million, divided by the fully diluted
    number of OZ Minerals shares on issue."
 
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