RE: Puurrrrfect time to announce a deal2 Mar 2021 18:49
Agree Tigra. Potential numbers here are beyond our ken.,,,,but potentially required input of Sinosteel not to be forgotten and may be clogging the gates.
NN have had an awful 6 months. £2B fine for fuel polluting the sea, and more recently, two mines flooded by sea water. NN MCAP £50B. Potential collapse of refineries due to current mine production, and we see a perfect storm. However, I do not think DS will take any advantage of circs affecting NN; but will hold with any pre-agreed deal. NN my favourite for a good deal while at the same time acknowledging that for DS, this is much more than money; its history; its 20 years of his life; the loss of Alex; its the huge sentimental value, that cannot be bought; which Alex will never see! (very hopefully, his family will!)