Your point is well taken; however, Zijin can't have everything. TCG's management holds a significant slice and is highly experienced in this part of the country and in the market in general. Just like PDI threw up an elbow that caught PRU in the face, I think TCG will be able to make themselves prickly enough to get a good price for 5m oz., if they have to.
It's early days yet and they way they are drilling strategically and calling out what they are doing should allow them to get a lot further/higher before we have to make our own strategic decisions.
(Luckily) I hold all of PRU, PDI, TCG and AUE in various proportions. Trying to not let Zijin totally screw me in XAM. The bottom line is TCG is a beauty.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)