GREY:CRDNF - Post by User
Post by
phoenix_traderon Sep 22, 2020 9:19am
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Post# 31596529
From Hot Copper - Goldfield call option.
From Hot Copper - Goldfield call option.GF's call option period commences on a superior offer (than Nord's initial $0.46 offer) becoming unconditional. So now with Shandong unconditional GF's option period commencing (I think the period lasts for 4-days from memory), we will likely see GF's exercise their option and Nord will lose approximately 16% of their holding. Pressures on Nord now..