NGF norton gold fields limited
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quarterly

  1. tomu
    232 Posts.
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    29/01/09
    22:46
    Post #: 4740802

    "In November 2008 Lehman Brothers (LB) filed a motion seeking an order from the US Bankruptcy
    Court to allow all of its derivative contracts to be assigned. Norton and approximately 100 other
    entities filed objections to the motion. As a result, Norton has been carved out of the proposed
    motion, and its objections will be heard separately before the US Bankruptcy Court. Norton’s
    agreement (ISDA) prevents assignment without Norton’s consent."

    Anyone have any ideas on US bankruptcy laws and the grades (why is it down on last quarter)?
    NGF Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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