MANAGEMENT

Realm seeks coal producers to take share in company

A DOMESTIC or international coal producer may pick up a strategic 15% stake in Realm Resources, whose main asset is a 70% share in the Foxleigh open cut coal mine in Queensland that in 2017 produced 4 million tonnes run of mine pulverised coal injection coal.

A 15% stake in Realm Resources is under a takeover offer by Taurus.

A 15% stake in Realm Resources is under a takeover offer by Taurus.

Realm's independent directors are seeking higher bids than the $220 million being offered by major shareholder Taurus, which they claim does not reflect the value of Realm's interest in the Foxleigh. ...

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