RXL 3.23% 15.0¢ rox resources limited

Ann: MZN: Shareholder Update, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 14,254 Posts.
    lightbulb Created with Sketch. 323
    so MZN say "on or about 16 August 2016" they started the aqusition deal with RXL - Teck then had I think 60 and 30 days to do something

    MZN then announced Marindi notes the Rox Resources Limited (ASX: RXL; “Rox”) Teck Australia Pty Ltd (“Teck”) has on 12 October 2016 exercised it pre-emptive right under the Earn-in and Joint Venture Agreement between Rox and Teck (“JVA”)

    I count 57 days maybe someone else wants to double count

    actually from the MZN announcement

    Marindi announced a Binding Heads of Agreement with Rox on 16 August 2016 to acquire its 49% interest in the Reward Joint Venture with Teck. Under the terms of the JVA, Teck had a pre-emptive right to match Marindi’s offer within 60 days of 16 August 2016

    MZN sound like clowns
 
watchlist Created with Sketch. Add RXL (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $57.48M
Open High Low Value Volume
16.0¢ 16.0¢ 15.0¢ $163.8K 1.089M

Buyers (Bids)

No. Vol. Price($)
2 368796 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 210000 3
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.