BDO backs Metalicity's Nex bid

THE interminable hostile takeover offer by Metalicity for its partner in the historical, high-grade Kookynie gold field has entered a new stage with the independent expert finding the all-scrip offer for Nex Metals Explorations was fair and reasonable in the absence of a superior offer.

BDO backs Metalicity's Nex bid BDO backs Metalicity's Nex bid BDO backs Metalicity's Nex bid BDO backs Metalicity's Nex bid BDO backs Metalicity's Nex bid

Kookynie is an historical gold field getting a new focus

No rival bid has emergence since Metalicity lobbed its off market 4.8-for-1 share offer in September.