PEX 4.55% 11.5¢ peel mining limited

Ann: Peel Raises to Regain Control of Mallee Bull, page-4

  1. 187 Posts.
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    The other bidder was probably Aurelia. The Mallee Bull mine should logically be developed by Aurelia. They have 2 mills nearby and the finance to do it. PEX will fiddle around for another few years and have continuous C R's to fund themselves. Best of luck to shareholders.
 
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