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1.72% 5.7¢ xanadu mines ltd

don't give up hope guys - ptt takeover sakari

  1. nonstop247
    537 Posts.
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    28/08/12
    10:52
    Post #: 10633174
    http://www.todayonline.com/Business/EDC120828-0000027/PTT-offers-S$1,2b-to-buy-out-Sakari

    Sakari has coal mines in the Indonesian provinces of East and South Kalimantan. It also has a 15.1-per-cent stake in Xanadu Mines, an Australian listed company with rights to mining concessions in Mongolia.

    PTT took over HUN sometime last year for USD 600M+, now they are getting 15% exposure in XAM through Sakari.

    Things aren't looking so bad for the little boys
    XAM Price at posting: 16.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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