As shareholders, I assume we do get a say in this deal and we could say no to an over opportunistic 1 for 2.5 deal or worse.
If we vote NO - what are the likely outcomes?
Will Jubillee walk away from this opportunity? If they get platinum with a 1 for 1.5 offer they are still getting a great deal.
They are a micro with the potential to be major. Platinum prices have recovered and the metal will always be needed and desired.
just because you are down doesn't mean you out. Oz minerals overcame an awful situation in the GFC
There has been some conditioning going on to try and make shareholders count there lucky stars that we will be fed some scraps. We are entitled to more than scraps and a unified shareholder base could get more than scraps.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held