Chinese miner bids for Myanmar

WITH almost 1000 reported deaths and thousands arrested since the military junta seized control of Myanmar in early February, ASX-listed Myanmar Metals has been caught in a bind – and now may have a solution.

Chinese miner bids for Myanmar Chinese miner bids for Myanmar Chinese miner bids for Myanmar Chinese miner bids for Myanmar Chinese miner bids for Myanmar
China's Yintai Gold has made a non-binding conditional proposal for all the shares in MYL for A$65.5 million, based on a share price of 3.5c - half its last closing price of 7c.

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