Bukan berita terbaru, tapi mungkin ada yang belum baca. BUMI sangat ambisius sekali...
My bet? They will get BOTH. Regards, DE* Newmont Will Not Sell Stake in Indonesian Mine, Kontan Reports* 2007-12-13 20:04 (New York) *By Wahyudi Soeriaatmadja* Dec. 14 (Bloomberg) -- Newmont Mining Corp. *will not sell* a stake in an Indonesian copper mine to a provincial government because *the administration used private company backing to finance the purchase *, Kontan reported. Newmont requires renegotiation of a previously agreed upon price because the local administration tied up with a private company, *PT Bumi Resources*, to buy the stake, the report said, citing Newmont's Jakarta-based spokesman Rubi Purnomo. Newmont earlier agreed to sell a 7 percent stake in its copper mine in West Nusa Tenggara province for $262 million to the *local government*, the report said. * Herald to Hold Talks With Perilya After Hostile Bid From Bumi* 2007-12-13 02:06 (New York) *By Jesse Riseborough* Dec. 13 (Bloomberg) -- Herald Resources Ltd., subject of a A$455 million ($402 million) takeover offer from Indonesia's biggest coal producer, will hold talks with rival Perilya Ltd., holder of a 8.8 percent stake in the lead and zinc company. The company is seeking talks with Perilya in the next 24 to 48 hours, Perth-based Herald Executive Director Michael Wright said today by phone from Perth. Perilya bought the stake in Herald last month and may seek to accumulate a strategic stake, Macquarie Group Ltd. said in a Nov. 20 report. PT Bumi Resources yesterday made the *hostile *A$455 million ($397 million) bid for Herald after talks broke down on valuation, Wright said. Crosby Capital Partners Inc., a Hong Kong-based investment group, also may consider bidding for Herald, the Australian Financial Review reported today without citing anyone. ``We have many discussions with many people all the time,'' Wright said, declining to name the groups. The talks had been with a number of groups interested in its Dairi project including metal smelters to funds, he said. Herald rose 1 cent to A$2.27 at the 4:10 p.m. Sydney time close on the Australian Stock Exchange. Perilya shares fell 2.6 percent to A$3.36, valuing it at A$661 million. Bumi stock, which has risen more than sixfold this year, was unchanged at 5,950 rupiah in Jakarta. Bumi bid A$2.25 a share for Herald. Euroz Securities Ltd., Herald's adviser, had valued the company at A$3 a share and most shareholders believe yesterday's offer undervalues the company, Wright said. ``That would be an initial indication of what we believe the value to be, if not higher,'' he said. *``But certainly as a starting point for negotiations.'' * Bhagyesh Dash, managing director at Crosby Capital Partners, could not immediately be reached for comment in Singapore. Perth-based Perilya spokesman Peter Eggleston declined to comment. Credit Suisse Group is providing financial advice to Bumi for the offer.
