RE: Spread20 Jun 2018 14:39
yes SC is nothing but a mask for Shandong Mingrui Chemical, both are private companies, if not the same family, as the relation between them is obscure 'support'. what matters here is that they being involved it testing the sample and they are happy to add more shares to reach 29%, this is a strong bargaining position they got themselves in. They are very serious about it but they still want a better deal. now the strength of kod position will be dictated by the supply of spodemine and the ability of kod to start production by itself if needed. they are going play 'come and get me'. kod strength will be not to bother about production at all if it comes to silly stuff. as we have not seen any signs of these happening 'there is no other options for kod except those dead mines in Norway' i guess the deal 'sale' is already in the pocket.