IRN indophil resources nl

irn wanted, just not now, page-5

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    On the other hand,, SMC having not taken up their rights can no longer block a takeover from another party.

    Xstrata is now in an even better position.

    It is obvious there is a lot of interest in spite of the obstacles.

    According to media reports SMC is interested in lifting their holding, it is confusing as to whether it is 51% of Indophil or 51% of Tampakan that they are seeking..
 
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