URL universal resources limited

smh ... copperco

  1. 4,870 Posts.
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    Excerpt from SMH

    "Big town, with a big mine"
    Jamie Freed
    October 22, 2007

    "Although CopperCo is becoming an attractive target for the likes of Kagara Zinc and Perilya, any potential acquirer would have to go through the big shareholders Mineral Securities and LinQ Capital, which combined control 30 per cent of the company. At this point it appears more likely CopperCo will go on an acquisition spree of its own after recently appointing UBS as its corporate adviser.

    CopperCo may well have another go at Universal Resources after a failed tilt in 2005 left it as the explorer's largest shareholder. But within a few years an offer for a bigger player such as Aditya Birla may not be out of the question."
 
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Currently unlisted public company.

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