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Stanmore too exposed, says Golden Investments

STANMORE Coal shareholders should accept Golden Investments 0.95c a share offer for the company because it is too exposed to market downturns and only has a single operating mine at Isaac Plains in Queensland, according to the bidder’s statement.

Lou Caruana
Stanmore too exposed, says Golden Investments

Indonesian mining group Golden Investment said in the bidder statement that its offer represented compelling value in a climate of uncertain global and local economic outlook, trade tensions between superpowers,...

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