AMI 2.86% 18.0¢ aurelia metals limited

Pacific Road gone, page-22

  1. 509 Posts.
    lightbulb Created with Sketch. 67
    Fair enough you grumpy old bastard
    I think New Gold just got hamstrung by the massive debt they carry and couldn’t spend money on development.
    Plenty of examples of companies leaving plenty in the ground when they sell an asset and they have other priorities; NST is where they are because of it for example (over their entire history). There doesn’t always have to be something wrong with the asset for it to be sold. Chronos may well have been the hook to carry the sale.
 
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