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Northam's intervention in Implats' bid for RBPlat buys its CEO Paul ...
www.miningmx.com
· Its CEO Paul Dunne said in March that whilst Northam desired control of RBPlat “… there are a number of potential outcomes other than the obvious”. Implats said on May 23 it had increased its stake in RBPlat to 37.8%. This is roughly the same holding Northam could control in RBPlat were it to exercise its options.
PIC plays straight bat to Implats’ criticism saying it will ...
www.miningmx.com
· Northam has not yet triggered a mandatory offer to RBPlat shareholders of its own, although Northam CEO Paul Dunne stated in March he was desirous of owning RBPlat outright. He described the company’s minority stake in RBPlat as “the silver medal” and has promised to apprise the market of the firm’s intentions regarding RBPlat in the future.
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