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Kimberley values Namakwa shares at $1

MAJESTIC Resources' bid for Namakwa Diamond Company is in danger of falling over after Kimberley ...

Greg Tubby

Kimberley can thwart the bid by converting its 5.4 million Namakwa convertible notes into 5.4 million ordinary shares at 25c each, or Namakwa can redeem the notes by paying Kimberley $1.35 million. Majestic...

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