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Drilling at African Iron's Mayoko-Lekoumou iron ore project in the Congo.

Equatorial accepts $65m offer for African Iron stake

Equatorial Resources has accepted South African miner Exxaro’s $65 million offer to purchase its 20.5 per cent stake in takeover target African Iron.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
426thEquatorial Resources-28%-14%
674thAvenira-58%-32%
782ndBirimian-74%3%
812thBattery Minerals-81%-24%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/12/16
$0 Other
26/04/16
$295k Bought
10/03/16
$51k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

375th↓Equatorial Resources$269
391st↓AustSino Resources Group$0
392nd↓Avenira$0
394th↓Battery Minerals$0
395th↓Birimian$0
504 listed resources companies ranked by revenue.
Source: Morningstar

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