PXG phoenix gold limited

Yes I think your right Zijin and its related entities are...

  1. 14,435 Posts.
    lightbulb Created with Sketch. 2174
    Yes I think your right Zijin and its related entities are continuing to increase their position in PXG which would double their NGF gold reserves ...

    If I did have time and was able to get hold of jon I'd love to know who is the major interest injecting the 6mill into PXG ?

    S/H's selling as they are currently is exactly what Zijin is after ..they will continue to soak up large positions through their muti entities then in time when they have 20-30% of the shares (likely av. 10-12c) they will offer 40-60% prem vwa ....

    Now how much our top20 (60%) believe in PXG going forward will be the deciding factor if we get a revised higher bid or first offer is the only offer ..
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.