CDV 0.00% $1.08 cardinal resources limited

Ann: Change in Substantial Holding, page-15

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  1. 2,516 Posts.
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    Latest investor presentation has gone up and confirms Macquarie were the sellers to Goldfields at 15% premium.
    Goldfields and Bank of Nova Scotia are now tied for 11.17% undiluted shareholdings (plus options).

    Other notes:
    - 11 rigs still onsite working 24/7
    - Drill program at Kungongo commenced (3 holes completed awaiting assays, 2 holes being drilled, 11 holes planned). Weather forecast shows the "rainy season" has passed...
    - Namdini Scoping study and PEA still advised as Q4.
 
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