maybe agreement between Zijin / EVN as neither could fully takeover PXG without the others shares as I understood 90% min to get 100% control ....so say Zijin getting a percent of PXG assets close to NGF plant for there shares etc ..
Or one just goes for control i.e 50.1% etc and in turn pushes PXG too their favor ..maybe hoping the other will sellout ...IMHO EVN more likely to do this..
As much as I would like to see us S/H's get the fair deal 18c-20c+....think thats 50/50 at this stage