So Zijin does not have sufficient funds for the NKP takeover. Interesting
BUT its all systems go for seeking funds to purchase a Canadian coy.
Link: https://www.scmp.com/business/money...g-raise-us12-billion-through-share-issue-fund
Come on Zijin… surely you can find the additional $58m to take out Non Dissenting shareholders ( $16m) and Dissenting Shareholders ($42m *) ????? My estimate is speculation*.
Over to Gold Mountains ( Bermuda ) Investment Limited
Noticed that the company has two directors. One being Zijin Secretary. ….. Cheung Man Fan.
Link: https://www.bloomberg.com/research/stocks/people/person.asp?personId=27773982&privcapId=8342858
However I cannot find any details on Kai Yiu. Does anyone know his background?
Guys, you still not have lodged Amalgamation applications with the Bermudan Govt. Why the delay? Surely you are not waiting for DS to sell their shares on market or break ranks and accept the 10c? Get a move on!
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