Nuclear power and uranium mining 'multi-decade' investment theme

In the meantime, keeping to the published facts . . . following the lifting of a temporary ban imposed by UK regulators, Kalahari confirmed on October 10, 2011 that offer talks had resumed with state-owned China Guangdong Nuclear Power Corp (CGNPC).

On 10th November 2011, the company announced that CGNPC has tabled a possible offer at 243.55 pence a share, valuing Kalahari at around £615 million, while negotiations continue. The company cautioned that "there can be no certainty that an offer will be made for the company."

CGNPC now has until 17.00 GMT on 8 December to either announce a firm intention to make an offer or state that it does not intend to make an offer.
 
Last edited:
Top