re:merger, page-20

Just to reiterate my points, as you are skirting them:
1. Jubilee are asking PLA shareholders to pay $51m for conroast as a valuation, when as you say, the market values it as nothing. So who's right?
2. The $51m conroast valuation is largely based on landing a contract with Northam, of which there has been no news for 2 years. So how should PLA holders read that?

Also, I fail to see how a claim that the merged company can be a top 5 producer (is that in SA or the world?) can be made at this stage. takes away any credibility to say that.

Anyway, lets see what happens and look back with 20:20 hindsight. Good luck to all involved, and I will keep my money in my pocket on this one