SXP sapex limited

take over, page-7

  1. 6,316 Posts.
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    Mr wolf,

    JV? Yes.

    T/O.

    No way known.

    They have already said they will be going back to the companies who initially showed interest well before they were even listed on the ASX.

    Something else to think about.

    Managing Director Andrew Andrejewskis has an interesting past :

    (He was formerly the Director-General & CEO of Mines & Energy, South Australia (when it was a department in its own right)

    I would suggest he had very good knowledge of the EL3325 East Wintinna Coal resource considering the previous drilling of 26 holes were undertaken by Meekathara Minerals LTD and the Primary Industry and Resources Sth. Australia (PIRSA).


    Now, given they went from a private to publicly listed company and had this very well planned over a number of years and negotiated with the indigenous owners over a few years, do you think they are going to let another company just walk straight in and take it of their hands?

    Cheers markco2
 
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Currently unlisted public company.

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