RE:RE:RE:RE:RE:RE:RE:RE:RE:Can anyone explainI see there are only 3 potentially negative elements to completion, each of which has little chance of affecting outcome:
1. Lundin offer expires Nov 9th and as long as it does not results in Lundin having 1/3rd of shares (or any other party having 1/3rd shares) it is no problem...really, who is tendering for the Lundin offer. So strike 1.
2. Eritrean Govt putting Bisha at risk for Zinjin...can't see why this should happen so strike 2.
3. Regulatory approvals. But surely.not a problem as no asset in Canada just the head office. Strike 3.
Looks like an assured takeover around mid-January for the % return posters have been pointing out. Holders have to give instructions to tender to offer for Zinjin's 66 2/3rd: not assumed holders are tendering to offer automatically. Probably see discount start reducing about Nov 9th.