KMC NGF

re: Ann: NGF: Takeover Offer for Kalgoorlie M... dropping like a...

  1. nicto
    1,214 Posts.
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    18/04/13
    22:17
    Post #: 11663645
    re: Ann: NGF: Takeover Offer for Kalgoorlie M... dropping like a stone.
    deal now worth .00864c. No buyers for NGF (well, there is one)

    Our directors should walk away. You cant tell me there would not be other interested parties for a 430,000oz resource. Unless of course there are undeclared motives for this deal.

    We are swapping into a dog with C3 costs over $1300 oz. NGF are barely making a profit.

    Anyone know why NGF has not been taken private?
    KMC Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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