PNR 3.23% 9.0¢ pantoro limited

Ann: Pantoro board approves initial 85,000 metre growth programme, page-28

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    Most of these assets attract interest but usually by smaller companies with little ability to cash fund the purchase … taking equity in a small company doesn’t really achieve getting rid of the asset it just transfers it … it’s been suggested to me that this is case with Halls Creek and it doesn’t suit Pantoro. They want a clean sale process.
 
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