No way Newmont or Barrick would stand by and watch NCM and LGL merge ... one of them would probably step in and make an offer for NCM and the other one would probably then outbid them or have a shot at LGL ... consolidation/merger/takeover is the next step for these big gold co's ... gold rising nicely in the background will just make it that more tempting for the aggressors to go sooner rather than later.
Xstrata in the base metals arena has been the most successful co. in that space recently ( 3 years ) ... no coincidence they have also been one of the most acquisitive over that time.
No way Newmont or Barrick would stand by and watch NCM and LGL...
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
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