Share already reflecting the proposed takeover. So now just a case of where the SP settles once complete and what is believed to be the value of company. At present valued around 4.2 billion mark
If only it was that simple. There would be a hell of a lot more takers for this stock if that was the case. Its always a risk and fingers crossed the Mongolian Government play ball. There are plenty of iffy Governments out there.
I listened to the call Linda was fairly non committal when asked about Sealion. She said we will take a look at it and weigh up the options to see if it has any legs. That was about it.
It's hardly a dam waiting to burst. Very small trading volumes at present. No bursting of dams until we get some definitive news on EL when is anyone's guess