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Palamin

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Creature_of_the
Super Contributor
anyone out there know why this has climbed today to R105?.. Thanx muchly in advance.
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7 REPLIES 7
Creature_of_the
Super Contributor
ok this is why....lol......The board of Palabora has been informed that Rio Tinto and Anglo American have reached a binding agreement to sell their combined 74.5 per cent effective interests in Palabora at ZAR 110 per share, subject to customary adjustments upon closing, valuing Palabora (on a 100% basis) at ZAR 5.31 billion.
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Creature_of_the
Super Contributor
ok this is why....lol......The board of Palabora has been informed that Rio Tinto and Anglo American have reached a binding agreement to sell their combined 74.5 per cent effective interests in Palabora at ZAR 110 per share, subject to customary adjustments upon closing, valuing Palabora (on a 100% basis) at ZAR 5.31 billion.
0 Kudos
Creature_of_the
Super Contributor
ok this is why....lol......The board of Palabora has been informed that Rio Tinto and Anglo American have reached a binding agreement to sell their combined 74.5 per cent effective interests in Palabora at ZAR 110 per share, subject to customary adjustments upon closing, valuing Palabora (on a 100% basis) at ZAR 5.31 billion.
0 Kudos
Creature_of_the
Super Contributor
ok this is why....lol......The board of Palabora has been informed that Rio Tinto and Anglo American have reached a binding agreement to sell their combined 74.5 per cent effective interests in Palabora at ZAR 110 per share, subject to customary adjustments upon closing, valuing Palabora (on a 100% basis) at ZAR 5.31 billion.
0 Kudos
Creature_of_the
Super Contributor
sorry but I was getting an error message on trying to post.............
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Creature_of_the
Super Contributor
sorry but I was getting an error message on trying to post.............and again eish
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NOMAD1
Frequent Contributor
Here i thought you got overly excited !!
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