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

Bawdwin

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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