FML 0.00% 15.5¢ focus minerals ltd

the past 5 days, page-19

  1. 460 Posts.
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    The whole quote
    "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. Shandong Gold Group Co., Ltd is 100% owned by the Shandong Provincial government, and is a China-based company principally engaged in the exploration, mining, processing, and smelting of gold and non-ferrous metals. "

    And unless my maths is wrong that is 100% Government owned via two companies. Pleased to have someone point out my error if that is not the case.
 
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