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v**********m
发帖数: 5516 | 1 我买了一点。
U3O8价格已经开始随原油价格翩翩起舞了。 | v**********m
发帖数: 5516 | 2 Rio Raises Hathor Bid to $636 Million to Fend Off Cameco’s Hostile Offer
By Christopher Donville - Nov 17, 2011 4:21 PM ET
Rio Tinto Group, the world’s third- largest mining company, raised its
agreed offer for Canadian uranium miner Hathor Exploration Ltd. (HAT) to
about C$654 million ($636 million) to fend off Cameco Corp. (CCO)’s hostile
bid.
Rio will pay C$4.70 a share, up from its previous C$4.15 offer, the London-
based company said today in a statement. That’s 4.4 percent more than
Cameco’s C$4.50-a-share bid and represents a 76 percent premium to Hathor’
s closing share price on Aug. 25, the day before Cameco made its initial
offer. Hathor advanced 3.5 percent to C$5.05 at the close in Toronto.
Acquiring Vancouver-based Hathor would give Rio, which mines uranium in
Australia and Namibia, control of the Roughrider deposit in northern
Saskatchewan’s Athabasca Basin. Roughrider may contain about 78 million
pounds (35.4 million kilograms) of the nuclear-reactor fuel, Bart Jaworski,
an analyst at Raymond James in Vancouver, said in an Oct. 19 note.
Hathor, whose board unanimously recommended investors accept London-based
Rio’s bid, estimates the proposed Roughrider mine, mill and facilities will
cost C$567 million.
That sum “significantly underestimates the costs, timelines, and risks
associated with development of the Roughrider deposit and so, by inference,
significantly overstates the value of the Roughrider deposit and Hathor as a
company,” Cameco Chief Executive Officer Tim Gitzel said in a Sept. 14
statement.
The Hathor deal would be Cameco’s largest acquisition if successful,
according to data compiled by Bloomberg. The offer from Cameco, which is the
world’s largest uranium producer, expires at 12:01 a.m. Vancouver time on
Nov. 29.
To contact the reporter on this story: Christopher Donville in Vancouver at
c********[email protected]. |
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