Ann: Greater Riqueza Geophysics Survey Completed, page-9

Yes JJ, three cheers for S32... Let's hope this ghost has a red centre and is similar to Arizona Mining!

"On June 17th, BHP spin-off South 32 entered into an agreement to buy out the remaining 83% of Arizona Mining it doesn't already own in an all cash offer to shareholders. The offer price of C$6.20 per share represents a 50 per cent premium to the closing price on 15 June and implies a total equity value for Arizona Mining of US$1.6 billion. Directors and officers of Arizona Mining, who own 34 per cent of the common shares on issue, have entered into voting support agreements and the directors of Arizona Mining entitled to vote, have unanimously recommended to their shareholders that they vote in favor of the transaction. The deal will give the Australian based miner 100% ownership of the Hermosa Project in Santa Cruz County, Arizona, which contains the high-grade base metals Taylor deposit. South32 said it expects to complete the transaction in the September quarter and the deal is subject to shareholder approval."
https://mail.google.com/mail/u/1/?tab=wm#inbox/1642663d4f460473