EFD and Finders dig in

THE battle for control of troubled Indonesian copper producer Finders Resources has intensified, with claims the miner has lost crucial support in the local community, while the Australian Securities Exchange has refused to release Eastern Field Developments’ rationale for extending its so-far largely unsuccessful 23c offer.

EFD and Finders dig in EFD and Finders dig in EFD and Finders dig in EFD and Finders dig in EFD and Finders dig in

On Friday the ASX issued a statement confirming EFD had extended its bid until March 16, but refused to publish the reasons provided saying the accompanying letter was unacceptable.