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15/01/20
12:48
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Of course I'm speculating, but with good cause. Article from Dec 4 linked below
https://www.ft.com/content/61cf495e-168e-11ea-8d73-6303645ac406
"Centamin warns Endeavour bid fraught with risks"
"Gold miner says takeover would expose shareholders to worsening security situation in Burkina Faso ...."
If it was only valuation then one might have thought that a better deal could have been negotiated but it seemed to die a quiet death.