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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

Lundin Mining Corporation is a diversified Canadian base metals mining company. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, producing copper, zinc, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Josemaria Project, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that produce copper concentrates. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is located in the Upper Peninsula of Michigan, United States, in Michigamme Township of Marquette County. Josemaria is a large-scale copper-gold-silver project. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Zinkgruvan mines underground from several orebodies.


TSX:LUN - Post by User

Bullboard Posts
Comment by retep6on Mar 30, 2011 9:06am
264 Views
Post# 18360003

RE: RE: break fee

RE: RE: break feeI still don't follow.  As it stands now, Lundin is on the hook for the break fee regardless of who we accept an offer from, whether it's equinox, or someone else.

The poison pill plan just announced (ie a right issued to current shareholders, theoretically allowing us to bloat the float in the face of an unsatisfactory offer) is a separate issue.

I'm just wondering how Inmet managed to have that break fee provision kept intact, even though the merger is off by mutual agreement by both companies.

Bullboard Posts