March 13,Apex Minerals sells its Wiluna mine, a troubled,high cost low grade resource to Chinese investors for $50 million. With market capital of $12.8 million it is a significant multiple to the companies current market value. Wonder do they have their eyes on ABU, they must know about it or they will after Mines and Money Hong Kong on the 18th march. Could we be offered "significant multiples" for a piece of the pie?
chinese want goldmines
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