RE:RE:RE:RE:RE:RE:RE:RE:Legal feedback for CCAAewaltz, it's quite complicated but these couple of links should help explain;
https://www.tshipi.co.za/who-we-are/our-shareholders https://www.tshipi.co.za/who-we-are/our-history the timeline is brilliant, click a year for a description of the activity.
My understanding is that PL bought into Tshipi to kick start the mine development (just like here), then introduced an end user as a partner (just like here - Traxys). Then re-listed their own shares (49.9%) as Jupiter Mines in the Aussie Stock Exchange in 2018. The main point being they were not interested in screwing anyone, only making money via the product (NOT THE STOCK PRICE)..... ;-)
Hence my expectation, they've made a proposal, and providing NMX meet their side of the bargain (getting shot of some of their old bagage), then the deal will go through (I hope)... ;-)
GLTA longs
ewaltz22 wrote: Mick,
So jupiter mines relisted without wiping out its inital shareholders?