Septa -Spot on.
The chinese are buying for very strategic an very clever reasons. if one actually bothers to look at the startegic intent one realises this is not a takeover of Gold one, this is the commencement of a govt backed stategic foray into hard assets. Anyone thiking the chinese will back away are kidding themselves. The likely outcome is they will seek to acquire the whole company. Mark my words, the deal has been structured to allow for a good percentage to be acquired. Beyond that point, the premium they will pay to aquire the rest will be that much smaller.
They are investors, not traders. 55 is done and locked as a minimum.
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