Bathurst surges on Solid takeover speculation

SHARES in Bathurst Resources surged 12% yesterday on speculation it was seeking to buy out Solid Energy New Zealand, which is under administration.

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Bathurst surges on Solid takeover speculation Bathurst surges on Solid takeover speculation Bathurst surges on Solid takeover speculation Bathurst surges on Solid takeover speculation Bathurst surges on Solid takeover speculation

Bathurst, which mines coal from New Zealand’s Escarpment mine, has turned around its operations and is in a strong cash flow position. It has also upgraded its resources and reserves.

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