I have 622 566 shares. I will not be surprised if the Independent Expert changes their opinion- they can still say that the offer is fair but not reasonable or reasonable but not fair.
I personally cant see a CR being successful at a decent price, and certainly not at $1.35.
Who would buy shares in RRP as part of a CR, when Taurus own such a large chunk of the Company and clearly have a plan to own 100% at some point in time. No decent institution will put money in and I firmly believe they will struggle to get any CR underwritten.
Before anyone bags me, I do not work for Taurus, but am quite experience in the mining industry and particularly at valuing coal projects.
I too will be very interested in what the NA Directors recommend.
RRP Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held