Ramelius cashes out in bidding war

RAMELIUS Resources is looking to new opportunities after selling its Dioro Exploration shares to rival bidder Avoca Resources and boosting its cash kitty to $A46 million.

Ramelius cashes out in bidding war Ramelius cashes out in bidding war Ramelius cashes out in bidding war Ramelius cashes out in bidding war Ramelius cashes out in bidding war

The Ramelius board decided to accept the offer after the protracted bidder's war between itself and Avoca for control of Dioro which kicked off in July last year.