PEM perilya limited
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iconic mine in foreign hands.

  1. queenfish
    501 Posts.
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    04/09/13
    17:38
    Post #: 12287535
    The Chinese have made an offer to acquire all of the shares in the Iconic Australian Mine (Broken Hill). Zhongjin Lingnan Mining (HK) Company Limited already owns 53.37% and now wants to own all of it. How is this in our nations interest? What will happen to the BH employees that work at the mine?. Can one of our companies buy 100% of a Chinese Iconic Mine? I'm not happy with this arrangement and I will not agree to sell my shares for 35c, or, for $1.35, for that matter. Hope our regulators and watchdogs feel the same.
    Luck
    Q
    PEM Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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