A shareholder rights plan is in place for protection There is a shareholder rights plan that pits us against a hostile
to protect takeover.
Let's put ourselves in the role of Fortescue. Too low a takeover
Offer is likely to initiate a bidding competition. From this can
Fortescue emerge as the loser and its reputation over the long term
inflict damage.
Fortescue saves due to its 25% stake in a possibly
Take over these 25% of the purchase price anyway from the outset.
This is an advantage over a possible third-party bidder
outside of.
If Fortescue wants to take over this Canariaco project, it will only go through a comprehensible and
fair offer, because otherwise they run the risk of either being offered by the competition or being
rejected by the majority of shareholders.
If you want to gain a foothold in the copper sector - and that's what Fortescue says - you'll go here.
We are talking about the 10th largest new copper deposit in the world in a reliable jurisdiction with
very robust economic efficiency and expected significant increases in copper prices in the medium
term.