OTCPK:DRLDF - Post by User
Comment by
R_J_on Mar 21, 2017 9:06pm
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Post# 26011373
RE:buyout of Minco plc and Buchans demerger?
RE:buyout of Minco plc and Buchans demerger?Dalradian notes Possible Offer for Minco Plc -
Official PDF Version of News Release
[ Almost useless ] -
https://s1.q4cdn.com/162468244/files/doc_news/DNA-PR-re_-Rule-2.4-(with-link)_FINAL4.pdf -
Minco’s version of the News Release
[ This one is a clearer and usefull view of the proposal.] -
https://www.mincoplc.com/fileadmin/user_upload/minco_news/2017/Possible_Offer_for_Minco_Plc._-_Sale_of_Curraghinalt_Royalty.pdf -
Some pictures of Minco’s Assets
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https://www.mincoplc.com/ -
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Louis James Comments Quote:
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The headline makes it sound like Dalradian may be going in new directions, buying another exploration company, but the idea is simply to extinguish Minco’s 2% royalty on Dalradian’s Curraghinalt gold project.
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Minco would put the rest of its assets into a de-merged sub-co, so that when Dalradian buys Minco (if the deal goes forward), all it gets is the royalty.
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Eliminating this 2% hit off the top would be an obvious plus for Dalradian, so we hope the deal goes through.
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It’s just a possibility at this point, however, . . . . -
End Quote.
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RJ