FML 0.00% 15.5¢ focus minerals ltd

the past 5 days, page-18

  1. 52 Posts.
    Hi Stefoid,

    I don't think that's quite true although I appreciate your investigative digging.

    Quote from FML's website:
    "Shandong Gold International Mining Corporation Limited is a 65%-owned subsidiary of Shandong Gold Group Co., Ltd. The remaining 35% shares in Shandong Gold are held by Shandong State-owned Assets Investment Holdings Co., Ltd, which is 100% held by the Shandong Provincial government."

    This means the joint venture S.G.I.M.C. is owned 65% by S.G. and 35% by Shandong State-owned Assets Investment Holdings Co., Ltd.

    It's that 35% which is owned by the Govt. and the name "State-owned Assets" kind of indicates that.

    Cheers Hawka.

    P.S. Now all I need is for the mighty Hawks to get up on Saturday to make this pain dull into the background for a while.......
 
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