Analysts still wary of Lihir-Ballarat deal

MAJOR brokerages ABN Amro and Goldman Sachs JBWere have reiterated the fears held by much of the investment community that Lihir Gold has inherited risk above all else through its recently approved takeover of Ballarat Goldfields.

Analysts still wary of Lihir-Ballarat deal
Analysts still wary of Lihir-Ballarat deal
Analysts still wary of Lihir-Ballarat deal
Analysts still wary of Lihir-Ballarat deal
Analysts still wary of Lihir-Ballarat deal

Ballarat holders voted 94% of shares in favour of the friendly takeover on Monday.

ABN Amro said while the acquisition price for Ballarat of 28.

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