In The SMH I noticed a story about Zinifex "Canadian regulatory rules have forced Zinifex to disclose plans to lower the price of its potential offer for actic explorer Wolfden Resources by about $C8million . Zinifex investor relation's manager said the company had decided to lower its bidding price to $C338million following due diligence......................Zinifex has yet to lodge a formal offer for Wolfden, which holds prospective base metals projects in northern Canada that could eventually replace production from the company's ageing Century mine......"
Makes PGM look very attractive at current share price.
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