re: Ann: PanAust to acquire majority interest...
Yes, but when an Australian miner is backed by a Chinese asset company who's ownership is a provincial government in China. That changes the perspective, China has strong experience in dealing with the countries in Africa and like PNG.
Thats what sets PanAust and MMG being different to companies like OZL, who can't reach these areas, but no protection from a powerful govt.
PNA Price at posting:
$1.91 Sentiment: Buy Disclosure: Held