Seen this play out before - Chinese in and I'm now almost completely out, long slow torturous path to a lowball takeover which is a shame, as they have a pretty nice orebody, its just that nobody in the market could appreciate it or value it properly, don't worry though Chifeng Gold can see it and they won't be overpaying for it.
Ann: $49.3 Million Placement Agreement, page-18
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