GUJ gujarat nre resources nl

ozelectro... producing immediately as it is a spinoff of the...

  1. 438 Posts.
    ozelectro... producing immediately as it is a spinoff of the parent company's colliery that has been operating since sept 2005, according to t4p's article.

    does anyone understand why the parent Guj has ended up with 2 majority owned seperately listed aussie coking coal companies? seems odd why not spin off the coal into one company and the other exploration assets into another?
 
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