Next pick up point14 Nov 2007 13:47
Has been identified as a takeover target by, of all companies, Avocet Mining AVM. AVM wants to increase its capacity by over 100%, the only way it seems able to do this, is to mop up operations in its region of operations, Malaysia and Indonesia. Other targets on AVM's radar include AGID, but lets not beat about the bush, any aim listed gold Co is up for grabs as AVM has a £50 millions cash pot burning a hole in its pocket and it wants action pdq.