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Guildford cancels Mongolian deal

By:  
Creamer Media Senior Deputy Editor: Australasia
 
COAL
ASX-listed junior Guildford Coal has abandoned its plans to acquire an 80% stake in a large thermal coal project and associated power station project in Mongolia. The company said on Friday that, following a due diligence process, it had decided not to proceed with the transaction.
 
 
 
 
 

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