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Exploration work at Cradle Resources' Panda Hill niobium project in Tanzania.

Cradle to accept $55m takeover offer

Niobium explorer Cradle Resources has recommended shareholders accept a takeover offer from joint venture partner Tremont Investments, which values the target at $55 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
23rdLegend Mining327%31%
460thRTG Mining-4%0%
512thMarindi Metals-12%-13%
560thCapricorn Metals-20%16%
605thCradle Resources-28%-13%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$6k Bought
25/05/18
$36k Bought
15/03/18
$33k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

157th↑Marindi Metals$357k
158th↓Legend Mining$354k
159th↑Cradle Resources$349k
160th↓Capricorn Metals$344k
161st-RTG Mining$341k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Cradle Resources

623rdCraig Burton$187k
379thIan Middlemas$5k
Ranked by total remuneration from all listed WA companies

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