OTCPK:NNDIF - Post by User
Comment by
Scotch12on Mar 15, 2022 5:40pm
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Post# 34516657
RE:Oh no, more smelter cuts possible! TC spot 200/ton !
RE:Oh no, more smelter cuts possible! TC spot 200/ton !
Thanks for the post and the link ZincDink. I am curious what would be an acceptable price for the independent board if Glencore made an offer. I personally would not want to accept 3 dollars. Five or six dollars yes, i would be in. I believe 2/3 of shareholders would have to approve the takeover or at least the buyer would have to acquire 66.6 % of shares to take it private. Would Glencore get automatically get credit for 25 % of the vote given their current equity in NIF?