can not imagine that it will come to a long-standing court dispute. JSW needs the areas of Prairie for their big expansion plans. Prairie would win at the highest court imo.
Who helped in a very long dispute, when the land of Prairie broke many years, nothing happened and in the end it is clear that Prairie wins at the highest court? many millions of court fees could have been saved and JSW could have already mined the coal. unnecessary time elapses. For me it is positive that JP Morgan has even increased its shares in Prairie and that CD Capital switched the conversion of the bond into shares. It is time for a takeover bid...
PDZ Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held