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12:59
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Originally posted by Arh0070:
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Nobody is going to buy out a company with half a goldmine other than the other partner which is Goldfields.The POG is now dropping (down a lot overnight)so in fact the Goldfields offer was quite good .The main reason the management rejected to offer and didnt even put it to shareholders is they wanted to keep thier jobs.They did make one good decision and that was was the investment in DEG which was bought for what can only be described as an extremely generous price.Gruyere had a poor quarter only bailed out by the rapid rise in the POG.Trying to get DEG /Hemi permitted and built is going to be a drag on Northern star.The deg plant build cost has escalated dramatically to 2 billion from the original estimate of 800 milllion.
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Thanks for the unsolicited advice bro! Now run along to one of the other threads you've been spamming but don' t hold. Surely they also want to be recipients of your unsolicited wisdom.
(20min delay)