RE: Buy out2 Apr 2021 16:15
If CB hasn’t declared 2Mt, then AA can’t use that clause/option to submit a bid. So Surely if AA come in with a low ball bid of £150m, then there is nothing to stop CB sharing the drilling data with other large mining companies, who could (hopefully) submit a higher bid? I don’t think AA could stop this, as the 2Mt option wouldn’t have been triggered if AA submit a bid earlier.