re: Ann: MIN:Second Supplementary Bidders Sta... Whats everyones opinion on the take over,
atm the MIN sp is 8.38 which makes the 70.6 for 1 offer @ 0.118 MAS
although min is trading at all time highs, its starting to look like and attractive deal.
Have been reading up on min latley this is from the MIN forum
http://www.thebull.com.au/articles_detail.php?id=10768
"Mineral Resources sells manganese from its Woodie Woodie and Peak Hill operations in WA to China's largest steel maker Baosteel.
Mineral Resources made a successful $67 million off-market takeover in January for Polaris Metals NL, beating a bid from rival suitor, Singapore-based Lion-Asia.
Last week, Mineral Resources won the support of Mesa Minerals Ltd's board for a $61.4 million scrip takeover bid.
Morgan Stanley said 2010/11 was shaping as a watershed year for mineral resources.
The miner had as many as four new projects, including Mt Marion, slated to come on stream, at least one crushing contract to be added and additional export capacity from Utah Point at Port Hedland becoming available.
"Beyond these developments, we can already identify a further pipeline of additional contracts and projects building," it said"
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