Phoenix 10% approx. AUD$3M cash offmarket for PXG Total 3.8M resource ounces - that's about $8/resource oz.
KMC 100% takeover approx. AUD $15M scrip for 400koz resource - that's about $35/oz.
Phoenix should be worth a much higher price! What a bargain for NGF!
What a shame NGF are so illiquid with Zijin majority, otherwise their P/E is a screaming buy.
- Forums
- ASX - By Stock
- NGF
- Ann: Norton acquires strategic stake in Phoenix Gold Ltd
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NGF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online