CQT 0.00% 51.5¢ conquest mining limited

the reason why share price going nowhere

  1. 365 Posts.
    Perhaps this may be the reason why.

    From the Mail Guardian Johannesburg.

    Gold Fields to fight fraud claim
    JAMES MACHARIA | JOHANNESBURG, SOUTH AFRICA - Aug 23 2008 09:47

    Gold Fields, the world's number four gold producer, said on Friday it would fight fraud claims against a unit of the group totalling R11-billion, news of which pushed its shares 2% down.

    http://www.mg.co.za/article/2008-08-23-gold-fields-to-fight-fraud-claim

    The rand isn't travelling well but I think the claim against GF will be in the region of AUD 1.5 billion.

    So I guess that CQT may not be the most urgent task their board faces this year.

    michealo
 
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