The relationship is strained and you can see that in some of TBR/RNDs recent disclosures (EKJV ore being sent to other plants, reserves published without their prior knowledge etc).
NST's low ball offer framed as fair value and their arrogant response to the counter offer comes as no surprise. At least we now know how valuable this asset is.
OMO, this could end up being played out in court and NST may be forced to write a big cheque to keep the ore heading their way. They wont look so pretty without it.
TBR offered to buy out NST stake in EKJV after 'insulting" offer, page-4
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$4.90 |
Change
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Mkt cap ! $230.8M | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.93 | $4.90 | $61.74K | 12.59K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2356 | $4.81 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.88 | 1072 | 1 |
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