Brief: Zhaojin Mining Industry Updates on Update On Target’S Statement Issued By Tietto Minerals On 27 November
07/12/2023 09:42
Dec 7 (Reuters) - Zhaojin Mining Industry Co Ltd
1818.HK :
* UPDATE ON TARGET’S STATEMENT ISSUED BY TIETTO MINERALS ON
27
NOVEMBER
* TIETTO SHAREHOLDERS URGED TO CONSIDER ACTUAL, CURRENT
VALUE OF
ABUJAR MINE
* MAINTAIN OUR OFFER FOR TIETTO REPRESENTS ATTRACTIVE CASH
PRICE
FOR TIETTO SHAREHOLDERS IN CURRENT UNCERTAIN ENVIRONMENT
* TIETTO CONSISTENTLY "OVERPROMISED AND UNDERDELIVERED",
FAILING
TO MEET FORECAST PRODUCTION SINCE PRODUCTION AT ABUJAR STARTED
Further company coverage: 1818.HK
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