GBG
Click for more information
0.00% 2.9¢ gindalbie metals ltd

DJ Gindalbie Metals, Sundance Resources To Merge -...

  1. electron99
    111 Posts.
    clock Created with Sketch.
    24/09/07
    11:34
    Post #: 2830353
    DJ Gindalbie Metals, Sundance Resources To Merge - Source24/09/2007 11:19AM AEST
    PERTH (Dow Jones)--Gindalbie Metals Ltd. (GBG.AU) and Sundance Resources Ltd. (SDL.AU) plan to merge, a person familiar with the deal said Monday.

    The two iron ore mine developers are based in Perth and are chaired by Western Australian mining veteran George Jones.

    The deal would likely involve a share swap, the person said, and could be announced as early as Monday.

    Based on the market values of the companies, the merger would create a A$2.2 billion group.

    Shares in both companies are in a trading halt.

    By Stephen Bell, contributing to Dow Jones Newswires
    GBG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.