Cash-rich Oxiana explores takeovers
Kevin Andrusiak
October 25, 2006
MID-TIER gold and copper miner Oxiana is awash with cash and examining potential takeover targets after a bumper third quarter of production.
"We do have significant funds in the bank and of course available to us if we wanted to make a major acquisition," Mr Hegarty said.
"Our criteria are it has to be base or precious metals and it's got to be in our patch.
"We are in a very powerful position in terms of cash and looking out there for the future."
- Forums
- ASX - By Stock
- LAF
- anyone looking
LAF
lafayette mining limited
anyone looking
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)