$25M CASH but $13M shares at 25centsAnd they went early and thus...

$25M CASH but $13M shares at 25cents
And they went early and thus gave up some interest
Dont understand
If I had the CN I would have kept them and collected the 11% interest
Maybe some deal was done.
I wonder who got the shares. LB or norton brothers

Either way it is a good deal for ngf
debt is decreased and shares are not diluted too much


Once the options are over the SP may increase I hope.

the sellers seem to be slowing

as they say a down run finishes when the sellers stop

if gold goes to 2000AUD NGF should be worth over 60cents

rumot