I've done a few numbers and from talking with many of the other members of the minority Group (which holds 24-26%)
I understand 40c AUD would be a very fair acceptable starting price (still dirt cheap for Zijin)
...but of course PGM prices have increased another 15% in value since then so mid 40's could well be the new fair value price.... from memory I used only $40 USD per reserve PGM oz
Last year EVN.asx offered some $60-70 per reserve gold oz for my PXG shares (and they got control of PXG not long after final offer)
Of course Zijin will make a pathetic ..maybe 10-12c offer once Mining Right Registration is finalized ..backed up with a crooked valuation report...
But they need us to accept to gain full control .....so it's going be a fight to the death ....
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