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MOD rejects Sandfire takeover bid

MOD Resources says the 72.7% premium all-share deal undervalues its copper assets in Botswana

Kristie Batten

MOD, which is developing the T3 copper project in Botswana, saw its share price jump 42% on the news to 20p (US25.7c) in London.  The developer said it would talk to Sandfire again if the miner upped...

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