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Junior sold for 800% more 18 months after IPO as coal miners go mad for Mongolia

Frik Els | September 13, 2011 | 7:30 pm Energy Asia Europe Coal 

Strong interest in the Mongolian resource sector has provided shareholders in Hunnu Coal a 800% gain in only 18 months. Thailand's Banpu announced Tuesday it is taking over the ASX-listed junior for $400 million or $1.80/share – Hunnu went public...

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