NGF norton gold fields limited

not quite...cant get at the cash backed security deposits to...

  1. 716 Posts.
    not quite...cant get at the cash backed security deposits to repay debt as they are effectively environmental guarantees. But the Zijin $$ = some positive cashflow should see debt down to $30-40m in 6 months time so think its worth holding for the turnaround (been like that for a year probably!)
 
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Currently unlisted public company.

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