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Sierra Leonean petrol barons make $76m move to pry Sierra Rutile from Gemcorp’s clutches


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Sierra Leonean petrol barons make $76m move to pry Sierra Rutile from Gemcorp’s clutches

A newcomer has sprung up in the heated contest to take control of a West ******** mineral sands miner based in Perth.

Leonoil — a petrol station owner controlled by a Sierra Leonean businessmen — wants to buy ASX-listed Sierra Rutile for 18¢ a share. The cash offer values Sierra Rutile at about $76.4 million and Leonoil has West Perth’s Sternship Advisers in their corner.



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#Sierra #Leonean #petrol #barons #76m #move #pry #Sierra #Rutile #Gemcorps #clutches

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