NGF norton gold fields limited

In spite of the manging director's optimistic statements and the...

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    In spite of the manging director's optimistic statements and the shareholders hopes the noteholders opted for 25 million cash rather than hold shares. Would be interesting to know their reasons why they believe they're better off out of the shares. True, they opted to take some shares but these are major stakeholders and they opted to get out in a major way taking with them 25 million of much needed cash. Anyone care to speculate?
 
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Currently unlisted public company.

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