I suggest reading this Chairman's report from 2011. In...

I suggest reading this Chairman's report from 2011. In hindsight...hmmmm

http://www.nortongoldfields.com.au/PDF/ASX31Augustl11Chairman%27s%20Address%20to%20General%20Meeting%20of%20Shareholders.pdf

Lets just say I know how Chinese business works. Exactly the same as here in Australia...with a wink, and a nod. Anybody know about guanxi? Ms Bi?

And the report finishes with "...challenge to keep staff". Hmmm...maybe they didn't like the way the company was being run? Maybe inside they saw bad decision making. Maybe the whole Lehman deal had mutterings from way back...what better way to bury everything than to recommend a sale.

And why is the Chairman so impressed with Zijin? He was afterall the Technical Director before Chairman. And a problem keeping staff? why no loyalty?

All this so called hard work getting a deal...seriously. Its a giant cop out. Here's 26 cents. I want 36. Nope 26 take it or leave it. Don't be like that....biscuits? No thanks - its 26. Ok, we have been friends for a while. Great. That was tough. Yeah. There's time for golf still. Xiexie.

Is management finding it easier to just bury the whole damn thing take the money and run?