is it $60mill $15-mill cash
$60 Mill he says over and over
You be your own judge on this one
++++++++++++++++++++++++++++++++++
Msg. # Sym. Subject Posted by Date
334928 CGX re: $60 million cash inside trader 1 04/08/04 12:26:10 PM
334068 CGX re: $15-million cash arthur 03/08/04 2:08:38 PM
334062 CGX re: $15-million cash arthur 03/08/04 2:04:53 PM
334036 CGX re: $60 million cash sandybeachs 03/08/04 1:54:32 PM
334023 CGX re: $60 million cash arthur 03/08/04 1:50:59 PM
334018 CGX re: $60 million cash inside trader 1 03/08/04 1:48:17 PM
334017 CGX re: $60 million cash inside trader 1 03/08/04 1:48:10 PM
334016 CGX re: $60 million cash inside trader 1 03/08/04 1:48:03 PM
334013 CGX re: $60 million cash inside trader 1 03/08/04 1:47:05 PM
334012 CGX re: $60 million cash inside trader 1 03/08/04 1:46:57 PM
334011 CGX re: $60 million cash inside trader 1 03/08/04 1:46:51 PM
334008 CGX re: $60 million cash inside trader 1 03/08/04 1:46:10 PM
334007 CGX re: $60 million cash inside trader 1 03/08/04 1:46:04 PM
334006 CGX re: $60 million cash inside trader 1 03/08/04 1:45:55 PM
334005 CGX re: $60 million cash inside trader 1 03/08/04 1:45:23 PM
334004 CGX re: $60 million cash inside trader 1 03/08/04 1:45:16 PM
334003 CGX re: $60 million cash inside trader 1 03/08/04 1:45:09 PM
333998 CGX re: $60 million cash inside trader 1 03/08/04 1:43:35 PM
333997 CGX re: $60 million cash inside trader 1 03/08/04 1:43:29 PM
333996 CGX re: $60 million cash inside trader 1 03/08/04 1:42:48 PM
333995 CGX re: $60 million cash inside trader 1 03/08/04 1:42:38 PM
333989 CGX $60 million cash inside trader 1 03/08/04 1:39:15 PM
++++++++++++++++++++++++++++++++++
Central Asia Gold enjoys profitable quarter
17:21, Thursday, 29 July 2004
Sydney - Thursday - July 29: (RWE) - During the June quarter,
Central Asia Gold Ltd reported it agreed to accept a takeover offer by
Centerra Gold Inc for its interest in AGR Ltd.
The company received Centerra shares in consideration for
accepting the offer.
Central Asia subsequently agreed to sell those shares pursuant
to the underwriting agreement entered into by Centerra (as part of its
initial public offering).
Central Asia received 3.83 million Centerra shares, which were
sold at $C15.50 per share.
(Centerra shares last traded at $C14.40).
The transaction was settled in early July, with proceeds
received of about $C59.4 million ($A63.7m), before underwriting fees.
This represented a book profit of $A15.9 million, before underwriting fees and costs.
Central Asia said it continued to make good progress in finalising the bankability feasibility study and associated approvals of
its effective 51 per cent interest in the Taldy Bulak deposit in the
Kyrgyz Republic.
During the quarter, the company compiled a draft bankable
feasibility study in accordance with the Kyrgyz authorities'
requirements, and lodged it for approval.
Approvals from both the ministry of environment and from
Gozcortechnogoz (agency responsible for mining safety, health and
dangerous goods) were received in May.
The Kyrgyz Minerals Resources Commission has approved the
resources, reserves and exploitation sections of the study.
An operational plan (development schedule and work program) for
the implementation of the Taldy Bulak Project has now been completed and
is due for submission this month.
Shares in Central Asia Gold closed up 1c to 49c today.
- Forums
- ASX - By Stock
- CGX
- $60 million cash
$60 million cash, page-23
-
- 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)