It is quite disappointing that ogc mgt are intending to takeover another asx listed goldie. Dipido is a good mine and the NZ production is well hedged, this could be a good cash generator.
SBM were a good low cost producer at $2 before they took over an asx listed lemon. If shareholders want to buy alacer, we can buy it ourselves on the market rather than ogc buying it for us.
Why doesnt ogc pay dividends and buying cheap standalone mines - for example like NST.
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- shareholders have dodged a bullet
It is quite disappointing that ogc mgt are intending to takeover...
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