In an update this morning the Laos-focused miner said the offer had been opportunistically lobbed at a low point for its share price and commodity prices.
It said the $1.
PANAUST has rejected a $A1.1 billion takeover bid from its major shareholder but says it remains open to further negotiation.
Local communities fear permanent devastation to Sepik River
Permitting goes on at Frieda River
PanAust increases Myanmar EL area
Permitting continues at PanAust
BRC opens postal voting applications