Westgold raps on Takeovers Panel door with Gascoyne complaint

WESTGOLD has complained to the Takeovers Panel that the scheme of implementation arrangement between its takeover target Gascoyne Resources and junior Firefly is effectively preventing it from making a bid.

Westgold raps on Takeovers Panel door with Gascoyne complaint Westgold raps on Takeovers Panel door with Gascoyne complaint Westgold raps on Takeovers Panel door with Gascoyne complaint Westgold raps on Takeovers Panel door with Gascoyne complaint Westgold raps on Takeovers Panel door with Gascoyne complaint

Gascoyne's Dalgaranga plant, WA

"The SID operates as an unacceptable lock-up device," Westgold has claimed.