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Gold explorer Ampella looks a reluctant seller by: David...

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    03/04/12
    08:26
    Post #: 9932468

    Gold explorer Ampella looks a reluctant seller

    by: David Winning,
    From: The Wall Street Journal
    April 02, 20122:00PM


    WEST Africa-focused gold explorer Ampella Mining certainly looks a reluctant seller after firing the gun on a sales process in the wake of several new bid approaches.

    The Perth-based miner has mandated Macquarie Capital and Gresham Advisory Partners to run a formal process after receiving interest from ?several global players in the gold sector? on top of separate requests for due diligence made late last year.
    GRY Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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