Ann: Recommended acquisition of AWE by Mineral Resources, page-27

Agree. New deal has swapped fixed for floating MIN shares based on MIN's SP.

On the Beach-front, BPT announced today it acquired further Otway And Bass interests. Cites 'strategic benefits' and 'greater influence'. [Post #: 29799917]

"The acquisition demonstrates Beach’s intent to pursue value accretive bolt-on acquisitions consistent with our growth strategy whilst we complete the acquisition and integration of Lattice." - Matt Kay, BPT CEO

Suggests BPT hasn't closed the door to doing more deals... And the goal posts on AWE aren't moving courtesy of the new MIN bid structure. The reserve is set at 83cps.

DYOR