all seem to baling out. now its anglo pacific which would explain the static sp even with all the recent buying. allard was the strangest. why bale out now after years of holding? its all now shoreline , nc , and coberg.
yes i believe an aquisition has to be made within 12 months of the GM which was 22 July 13. implementation within 18 months of GM. also Blackdown resources has to fulfill the requirements of the funding condition within 12 months. i.e. NC has to fund dutwa 20 million or the condition will not be met. presumably the assetts would revert back to Blackdown minerals?
the funding condition is not met? then the assets would revert and the liabilities should have been quantified. nc would need rienbursing for holding the baby and new equity raised but a year will have passed.