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1.82% 5.6¢ xanadu mines ltd

Ann: Drilling begins at Solenker Epithermal Gold-, page-5

  1. nonstop247
    537 Posts.
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    09/09/11
    18:03
    Post #: 8940960
    re: Ann: Drilling begins at Solenker Epitherm... Mongolia coal sector still hot...

    Banpu Said to Have Approached Hunnu Shareholders: AFR
    2011-09-09 06:26:31.539 GMT


    By Victoria Batchelor
    Sept. 9 (Bloomberg) -- Banpu is understood to have approached large shareholders of Hunnu Coal about a takeover deal at least 25% higher than last closing price, Aust.
    Financial Review reported in Street Talk column, without saying where it got the information.
    * Deal may value Hunnu at A$375m, AFR reported
    * NOTE: Hunnu shares halted from trading on ASX earlier
    pending ?significant corporate transaction?
    XAM Price at posting: 49.0¢ Sentiment: ST Buy Disclosure: Held
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