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Albidon a target as Lion plans to sell off stake

AFTER last week agreeing to sell its stake in the Cracow mine to Beadell Resources and its shareholding in Indophil Resources to Xstrata, investment house Lion Selection has today revealed it will also sell off its shareholding in emerging nickel miner Albidon.

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Albidon a target as Lion plans to sell off stake

Albidon is now in play as a takeover target after Lion Selection today unveiled its plans to generate at least another $A37 million in cash via the sale of a stake in Albidon as it tries to immunise its...

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