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Baobab Resources (BAO) Takeover Rumours

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Baobab Resources Takeover Forum Posts

07-08-2014
Well the 'change in the short term' is a year-end cash-call. There are several possibilities as to how that might be resolved, from a financially supportive JV to a desperate rights-issue. Something will have to happen and you can exclude any near-term sales of pig-iron. Personally, I doubt Redbird will be allowed to increase their stake any further (without a takeover)...


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