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Theta launches unexpected scrip bid for Focus

IN news few would likely have expected, South Africa-focused gold hopeful Theta Gold Mines has lobbed a left-field bid for Chinese-dominated Focus Minerals.

Haydn Black
Theta has made a move on Coolgardie miner Focus

Theta has made a move on Coolgardie miner Focus

Focus, which last week announced a A$45.7 million raising plan to support the possible restart of Coolgardie next year, is 49.5%-owned by Shandong Gold.   Theta described Focus' plans as "uncertain...

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