Takeover vs Acquisition, page-31

Just up on Bloomberg...

http://www.bloomberg.com/news/artic...no-one-knows-about-but-everybody-wants-to-buy

Unsuccessful bidders in Anglo’s sale may turn their interest to Cradle’s Panda Hill project in Tanzania, Argonaut said in a research report. Pending financing, it’s expected to start producing in mid-2018.
The sales “have brought a lot of participants in,” Cradle’s Burton said. “There was only one winner. That leaves lots of parties that might be interested in talking to us because we do need to raise some capital to bring this project on.”