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Oakdale Peru deal not fair but reasonable

ASX-listed Oakdale Resources’ shift from its aborted foray into the South African diamond space and into Peru gold treatment is “not fair but reasonable” because the tiddler is an unloved shell with few other options, according to an independent expert’s report.

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The company announced a plan for an all-scrip acquisition of Ozinca Australia last November under which the privately-owned Ozinca shareholders will gain more than 60% control of Oakdale, although no