NEW South Wales coking coal producer Gujarat NRE Minerals has extended its takeover offer for explorer Rey Resources until February 19.
Gujarat launched its off-market takeover for Rey back in June, initially offering one Gujarat share for every five Rey shares.
Later offers from Gujarat also included a cash component of 9c per Rey share, and the extension applies to both the scrip-based and cash options of the proposal.
Hong Kong-based Crosby Capital withdrew its 19.5c per Rey share takeover offer less than two weeks ago.
Rey shares closed up 2.6% yesterday to 20c while Gujarat shares closed up 6c to 75c.
The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets
An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production
An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions
A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.
Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.
