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"Please understand this fact :- There is NO NMG T/O by Perseus...

  1. 4,578 Posts.
    "Please understand this fact :- There is NO NMG T/O by Perseus Mining, certainly NOT at the numbers suggested by the "faithful" NMG holders."

    How do you know this fishead are you on the board of directors?

    Let me speculate here for a second.. Whilst I agree with you NO T/O from PRU.. But it doesn't rule out the possibility of PRU taking a stake in NMG.. IMO I think this relates to the control transaction meaning another company is taking a big position. Therefore IF PRU wants to make a T/O over down the line it would make the process a lot easier as they are a major holder..

    You just have to look a like of BHP,RIO,NCM they always take a controlling interest first before T/O
 
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