XAM
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3.64% 5.7¢ xanadu mines ltd

don't give up hope guys - ptt takeover sakari, page-10

  1. BazzM
    386 Posts.
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    29/08/12
    13:35
    Post #: 10640477
    Yes - sorry I'm a bit confused 99

    PTT are taking over Sakari.

    Banpu took over Hunnu.

    For a while there we thought PTT had taken over Hunnu but not so.

    If PTT want Sakari for their Indonesian coal mines then where does that leave PTT in respect of the Mongolian assets they will acquire. From the perspective of XAM shareholders let's hope they decide to move forward or just hold rather than try to sell them. Selling 15% of XAM might be tough.
    XAM Price at posting: 17.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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