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Mineweb reported that junior miner Village Main Reef said it is not entertaining an offer to buy its Tau Lekoa gold asset.
Mineweb reported that junior miner Village Main Reef said it is not entertaining an offer to buy its Tau Lekoa gold asset.
As quoted in the market news:
[CEO] Swanepoel is of the opinion that the R1bn (US$128 m) unsolicited binding offer made by Tannous Investment Group for the Tau Lekoa mine undervalues what it is worth and would make for a speedy payback period for the buyers.
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