JBM - Jubilee Mines

• 3 December 2007

• #21

Ferret

Joined

13 August 2006

Posts

897

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1,135

Hi Lert,

Never heard of a ring around like that! Xstrata must be a bit nervous.

The take up hasn't been very great so far, only a few percent more than what they got from all the directors. Still, I think a better offer is unlikely with BHP and RIO otherwise occupied.

 

• 13 December 2007

• #22

RUSHIAT

Joined

13 November 2007

Posts

6

Reactions

0

Now trading at 40 cent discount to offer price($23.00). Seems they are having trouble getting exceptances and have extended offer till 31.1.08. Presume those bailing out are not able to wait or see better opportunities elsewhere. Any ideas?

 

• 8 February 2008

• #23

Da Cat

Joined

6 June 2007

Posts

22

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0

Has anyone received payment for the takeover yet?

I was on the understanding it would be paid "on or before 7th Feb" for those already accepted.

Thanks