Discovery holds out for better offer

DISCOVERY Metals’ Chinese suitors have hit out at the company for failing to engage, as the copper producer labelled a $A1.70 per share offer as inadequate.

Discovery holds out for better offer Discovery holds out for better offer Discovery holds out for better offer Discovery holds out for better offer Discovery holds out for better offer

Late yesterday, Discovery revealed it had met with representatives from suitors Cathay Fortune Corporation and China-Africa Development Fund earlier in the day to discuss the takeover proposal.

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