PEX 0.00% 11.5¢ peel mining limited

Talisman receives bid, page-3

  1. 9,768 Posts.
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    Good pick up, so if the deal is consummated our Cobar JV with Talisman becomes a JV with Sandfire...

    The article is talking about SFR making an offer for TLM's share of Monty / Springfield JV, not a take-over of TLM as a whole.
    TLM have their NSW ground + the Sinclair Nickel Project in WA. They could divest their 30% share of Monty / Springfield JV for a serious amount of cash, and develop their other projects with that cash.
 
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