PEX 0.00% 11.5¢ peel mining limited

Ann: Change in substantial holding, page-22

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  1. 2,689 Posts.
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    Pfuzzy,

    No reason why SBM cannot take both (CYL & PEX) out together and form one exploration team. This will also cut cost.

    However, with CYL I think Gina Rhinheart is also interested. She has over $10 billion (almost 10X of SBM). SBM might be just getting over 10% CYL holding to block any takeover from larger players.

    I'm a bit worry about drill results taking so long and sp dropping. We may get some best results.
 
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