http://www.tradingmarkets.com/news/stock-alert/ncmgy_newcrest-woos-investors-but-holds-its-ground-on-offer-for-lihir-gold-903828.html
To what extent the offer is "refined" we will have to wait and see.
I would like to see an offer that at least values LGL at $1200 gold US which is where the gold price will trade near term. Given that many pundits are calling for a gold price of $1500 US next year and beyond one can understand why this acquisiton would make perfect sense for NCM at this current juncture.
All we need now is for a major North American player to appear and its well and truly game on. http://www.reuters.com/article/idUSN0822544620100408
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 (20min delay)
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable