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Sullivan coy on Zeta's Bligh intentions

TAKEOVER target Bligh Resources has deemed an increased cash offer of A$8.8 million by Zeta Resources as superior to the $9 million predominantly scrip bid by Saracen Mineral Holdings for Bligh's Bundarra gold project.

Michael Quinn
Sullivan coy on Zeta's Bligh intentions

Bligh shareholders will vote on the Saracen bid next Wednesday, with Saracen saying earlier this week that its bid was its “final” offer. Zeta chairman Peter Sullivan played a very straight bat when...

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