BAB NGF

News: Norton Gold Fields moves to 77% of Bullabulling Gold

  1. Proactive
    clock Created with Sketch.
    06/08/14
    11:10
    Post #: 13776759

    Norton Gold Fields (ASX:NGF) now holds 77.13% of Bullabulling Gold (ASX:BAB, LON:BGL), as the takeover nears completion.

    Bullabulling’s board recommended the 8c per share offer once acceptances went past the 40%.

    Over the three months to June, Bullabulling worked on engineering and evaluation studies in support of a definitive feasibility study for the planned 7.5Mtpa open pit.

    Bullabulling had A$2.06mln at the end of June, with an additional R&D development tax repayment of $525,000 also on the way.

    Norton is 82.4% owned by Chinese miner Zijin.

     

    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The great job swap: AI is replacing Australians
right-arrow Created with Sketch.
NEWS High priority gold drill targets identified at Bayan Springs South
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 021 – The inexplicable Kaili Resources rocket
right-arrow Created with Sketch.
RC1 Strategic JV to Expedite Gold Production & Major Tenement Expansion in Eastern Goldfields
right-arrow Created with Sketch.
NEWS Spontan strengthens commercial position with 18-month shelf life
right-arrow Created with Sketch.
NEWS Strategic REE-Antimony project acquisition in world class mountain pass district
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.