NGF norton gold fields limited
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Do Zijin just want a controlling stake so they can ensure the...

  1. hippo567
    1,015 Posts.
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    10/08/12
    11:26
    Post #: 10551877
    Do Zijin just want a controlling stake so they can ensure the Chinese govt ends up as the sole purchaser of the gold, ie they don't need 100%? They get 75% of cash profits and don't have to pay takeover premium.
    NGF Price at posting: 24.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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