SIM scimitar resources limited

Summit finds French ally in Paladin defenceJamie FreedApril 12,...

  1. ArthurLittle
    70 Posts.
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    02/05/07
    22:04
    Post #: 2412801
    Summit finds French ally in Paladin defence

    Jamie Freed
    April 12, 2007
    AdvertisementAdvertisement

    URANIUM explorer Summit Resources has entered a friendly $293 million
    alliance with French nuclear giant Areva in a bid to fend off a $1 billion
    hostile scrip offer from Paladin Resources.
    .
    .
    .
    Areva was in talks with other Australian explorers
    about joint ventures, but "nothing concrete" had eventuated yet.

    http://www.theage.com.au/news/business/summit-finds-french-ally-in-paladin-defence/2007/04/11/1175971179967.html
    SIM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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