$25M CASH but $13M shares at 25cents And they went early and thus gave up some interest Dont understand If I had the CN I would have kept them and collected the 11% interest Maybe some deal was done. I wonder who got the shares. LB or norton brothers
Either way it is a good deal for ngf debt is decreased and shares are not diluted too much
Once the options are over the SP may increase I hope.
the sellers seem to be slowing
as they say a down run finishes when the sellers stop
if gold goes to 2000AUD NGF should be worth over 60cents
rumot
NGF Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
