NGF norton gold fields limited
Add to My Watchlist 0.00% ! 25.0¢

Do Zijin just want a controlling stake so they can ensure the...

  1. hippo567
    1,015 Posts.
    lightbulb Created with Sketch. 189
    clock Created with Sketch.
    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
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Access the Latest ASX news daily on HotCopper
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
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.
Add to My Watchlist

Currently unlisted public company.

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