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- 17 April 2007
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Interesting article in Mining News today. "Jabiru caught in the crossfire", mentions Consmin stake in JML will most likely be sold by either of the two parties involved currently in the takeover talk. Likely suitors mentioned as Perilya and Oxiana. Patterson's has a buy on them at $1.60 and valuations seem to not take into account Benambra. Interesting times ahead, but may not see movement until the Consmin battle becomes clearer. FYI there's a feature article on JML in July edition of Australia's Mining Monthly. I havent see this one though.