Blakrocks has Offtake agreement with Prosperity. interesting that there is some action on prosperity.... what it all means ????
Prosperity Minerals shares surge after receives £186mln cash offer
23rd Jul 2013, 5:22 am by Giles Gwinnett 
The independent directors of the Chinese iron ore and property group, which has been advised by Daniel Stewart, consider the terms of the offer to be fair and plan to recommend that all shareholders accept it The majority shareholder of Prosperity Minerals () has unveiled a cash offer for the company valuing it at around £186.41mln.
The offer comes from Jetgo Bidco - a wholly owned subsidiary of Prosperity International Holdings Ltd (PIHL), which owns 64% of Prosperity.
The offer price is 130 pence in cash for each company share - representing a premium of around 65% to the last closing price of 79 pence per Prosperity share.
It also represents a premium of around 90% to the average closing price of 68.6 pence per company share over the last six months.
The independent directors of the Chinese iron ore and property group, which has been advised by Daniel Stewart, consider the terms of the offer to be fair and plan to recommend that all shareholders accept it.
Prosperity Minerals surged 11.56% to 125.5p on the news.