Ramelius cools on Explaurum offer increase

AFTER a few weeks sweating the books and conducting due diligence over takeover target Explaurum, hostile bidder Ramelius Resources has apparently seen something that gives it pause for thought and it no longer proceed with a higher offer.

Ramelius cools on Explaurum offer increase Ramelius cools on Explaurum offer increase Ramelius cools on Explaurum offer increase Ramelius cools on Explaurum offer increase Ramelius cools on Explaurum offer increase

Tampia is subject of a tug-of-war.

Days after Explaurum announced an equity deal with NSW-focused gold miner Alkane Resource, Ramelius sent up a balloon suggesting it was considering increasing its 1-for-4 scrip offer with a possible

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