Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful

FOUR years after making an initial investment, Victor Smorgon Group has launched a bid for long time Italy zinc hopeful Altamin.

Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful Altamin's Gorno zinc asset is going Victor Smorgon's way if bid successful

Gorno, Italy

The 9.5c per share bid values Altamin at $37.2 million.

The bid price is a 14% premium to average share price over the past two months.