Antofagasta circling?

  1. 4,364 Posts.
    lightbulb Created with Sketch. 1945
    Small piece in the AFR today suggesting that Antofagasta may be looking inside the data room of PanAust. I guess this was part of the reason for the spike the other day. The quarterly release is seen as a key event it says.

    Antofagasta is one of the largest copper companies in the world and listed in London.

    http://www.antofagasta.co.uk/

    If true it is good to see some competitive tension and especially from such a serious player. You would think that PanAust would be keen to get strong production figures in preparation for any sale.
 
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