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Moly tilts to QMC takeover

Chinese offer simplified $51M offer for Queensland copper player

Haydn Black
Moly tilts to QMC takeover

The pair has just signed has signed a bid implementation agreement, under which the cashed-up Moly has made a conditional $50.8 million cash offer pitched at a 49.12% premium to QMC’s 30-day trading average...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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