Mineral Deposits says French partner not being 'fair' with bid

MINERAL Deposits is protesting that its French partner Eramet is not being “fair” with its’ A$1.46 per share bid for the ASX-listed company and has set up a “data room” to try and get a higher bid.

Mineral Deposits says French partner not being 'fair' with bid Mineral Deposits says French partner not being 'fair' with bid Mineral Deposits says French partner not being 'fair' with bid Mineral Deposits says French partner not being 'fair' with bid Mineral Deposits says French partner not being 'fair' with bid

Grande Cote is a key asset held 50% by Mineral Deposits.

The Mineral Deposits' board recommendation to shareholders to reject the Eramet bid comes with the claims the 50:50 mineral sands joint venture will likely generate free cash flow in the order of

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