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Ramelius launches unwelcome bid for Explaurum

Asset of interest is undeveloped Tampia gold project

Michael Quinn
Tampia

Tampia

Under the Ramelius scrip bid, Explaurum shares are being valued at A12.3c per share, capitalising the company at about $60 million. That's up about 60% on Explaurum's value at the end of last week....

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