Ann: Becoming a substantial holder, page-39

"Nordgold is also pleased to announce that it has submitted a non-binding indicative and conditional proposal (“Preliminary Proposal”) to acquire all the issued share capital of Cardinal not already owned by Nordgold at A$0.45775 per Cardinal share. At this stage, there is no formal proposal to acquire all the shares not already owned by Nordgold, nor is it certain that a formal proposal will be made."

Let's hope it brings out a rival (better) offer.

45c is a joke.

AUD 45/oz......

Cry me a river!