Minim-Martap Bauxite: A2MP contests a valuation of Canyon's shares 6.4 times higher than its offer

Author: Investir au Cameroun PublicationPublished on: September 2, 2026Country: Australia

Business & Economy

Minim-Martap Bauxite: A2MP contests a valuation of Canyon's shares 6.4 times higher than its offer

A2MP Investments contests the valuation of Canyon Resources' shares, estimated between 0.14 and 0.446 Australian dollars by BDO Corporate Finance Australia. A2MP maintains its offer at 0.05 dollars, which is set to expire on September 21, 2026. The dispute mainly concerns the Minim-Martap bauxite mine, where BDO deems A2MP's offer 'neither fair nor reasonable.'

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