RE: Just because they love it22 Nov 2021 22:40
· As announced via RNS on 30 September 2021, since the receipt of the Proposal in May for the potential acquisition of substantially all of the Company's assets, additional interest from other parties is being considered by the Board. (IMO - a bidding war or the option of the proposal becoming a consortium as different parties want different things i.e. NN want Ni and the Japanese want PGM's for their hydrogen revolution).
· It is the Board's intention to advance several options with advice from UBS, DLA Piper and other advisers. (IMO, one of these options is EUA Mk2 - the rinse and repeat of the Kola JV after selling MT, MT Flanks and, possibly WK). Another is a royalty payment scheme for the life of the future mines'.