Worth to read:
Perilya spruiks Zhongjin cash benefits
Charlotte Dudley
Friday, 9 January 2009
WITH the global financial crisis biting and commodity prices plunging, it appears to be a case of “show me the money” for Perilya, which again backed the financial benefits of its proposed deal with China’s Zhongjin Lingnan and at the same time questioned the debt and cash position of rival suitor CBH Resources.
http://www.miningnews.net/storyview.asp?StoryID=472315
and also:
In the Matter of Perilya Limited
http://www.takeovers.gov.au/display.asp?ContentID=1494
It seems CBH financial position is unclear
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