LRL 3.85% 25.0¢ labyrinth resources limited

Business Spectator:MinTails Gold tailings miner MinTails has...

  1. 764 Posts.
    Business Spectator:
    MinTails
    Gold tailings miner MinTails has revealed the name of the company sniffing around its South African assets. Johannesburg-listed DRDGold has made an offer for all of Mintails assets in the country, with the exception of its stake in West Wits Mining, for scrip. It is uncertain whether MinTails, which doesn’t have any other investments, will retain a listing on the ASX. The purchase price, around 5.5 cents per share, is subject to shareholder approval. MinTails climbed sharply out of suspension on the announcement.
 
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