PEX 0.00% 11.5¢ peel mining limited

Talisman receives bid, page-10

  1. 2,689 Posts.
    lightbulb Created with Sketch. 39
    IMHO I think that guy owns 18% of TLM probably said "no" to a full takeover of TLM, so SFR just buy TLM's 30% stake in Springfield.

    Than with that $70m cash TLM can easily accelerate exploration our Cobar JV project to create another mine. That guy own 18% of TLM probably see potential in our Cobar JV and wants to keep this asset to grow TLM.
 
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12.0¢ 8500 1
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