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Mark Zeptner says Ramelius is pleased to have entered into discussions with Explaurum. Photo: Gabriel Oliveira

Ramelius lifts Explaurum offer to $73m

Ramelius Resources has increased its takeover bid for gold-focused Explaurum, with the miner making an indicative $73.4 million offer after its first proposal was rejected.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
17thMount Gibson Iron205%15%
72ndRamelius Resources59%59%
255thWestgold Resources3%
256thPerseus Mining2%9%
353rdBase Resources-11%-7%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/06/19
$300k Issued
03/06/19
$1.3m Sold
03/06/19
$300k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Perseus Mining$383.8m
16th↓Westgold Resources$376.6m
17th↑Ramelius Resources$341.8m
18th↑Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
484 listed resources companies ranked by revenue.
Source: Morningstar

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