JML jabiru metals limited
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csm takeover rumour

  1. zen_machine
    3,698 Posts.
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    01/08/05
    10:21
    Post #: 1059102
    "Consolidated Minerals (ConsMin) seems to have turned its eye from iron ore to copper. The Australian miner's stake in Jabiru Metals has reportedly been growing towards 19.9%, up from 5.94% earlier. Recently ConsMin failed to execute a merger with iron ore producer Portman, and its bid to gain an interest in the Hope Downs iron ore mine also failed. Currently ConsMin has nickel, manganese and chromite operations. Jabiru's planned Jaguar mine in Western Australia would add copper, zinc and silver to the list."

    6% to 19.9% ... just short of the takeover threshold (20%). What do you think? Is it on?
    JML Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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