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teresa coal sale

  1. Valin
    6,072 Posts.
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    16/05/11
    20:20
    Post #: 8407907
    Well now that Whitehaven Coal have decided not to accept/recommend to shareholders any of the bids received (for takeover) one would think these buyers would be approaching/concluding formal processes with other coal companies for tenements?

    Hmmmm.............Yanzhou Coal still looking? Could Xinwen Mining Group re-visit? Deal was done over 2 years ago for $1.5 billion (thanks to GFC they pulled out). Teresa has expanded since then has it not?

    :)
    Nic
    LNC Price at posting: $2.81 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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