CAPITAL MARKETS

Agincourt bid wins qualified approval from analysts

RESOURCE analysts around the nation have offered a cautious endorsement of Oxiana’s proposed acquisition of Agincourt Resources, but not without raising a number of concerns, most notably the location of Agincourt’s flagship asset.

Paul Garvey

Agincourt bid wins qualified approval from analysts

Analysts with Credit Suisse, Goldman Sachs JBWere and Macquarie Financial Services all expressed their concerns over the geopolitical risk associated with Agincourt’s Martabe project, home to 5.8 million...

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