Hanlong's update on Bannerman states they started off in November 2010 with a $1.5 billion war chest for overseas expansion.
Shopping trolley so far:
Attemted buy out of Bannerman
57% Molymines
18% Sundance Resources
11.5% Marenica (includes conversion of a covertable note
12.5% General Moly
Not bad for an 8 month spree
Have they kept some left over change for more of Marenica?
http://www.hanlongmining.com/assets/Hanlong-Media-Release-Regarding-Bannerman-.pdf
hanlong
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