‘‘We saw two years ago where we thought the Australian gold landscape was going, and we also talked to our major shareholders, like the BlackRocks of the world and the Van Ecks and the other large ones, about what interested them in the gold space,’’ Mr Beament said. ‘‘They told us they were going to stop investing in single-mine companies, and that they didn’t think there should be a board and a management team on every single mine in Australia.
’’ Determined to get the world’s major mining investors on board, Northern Star directors began reducing their holdings to bring in large institutions such as Mitsubishi and BlackRock.
Also from the same article, thought the following comment was interesting.
"Northern Star directors began reducing their holdings to bring in large institutions"
cheers
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