PXG 0.00% 15.0¢ phoenix gold limited

Well for one NGF is Zijin and Zijin is the biggest Gold producer...

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  1. 6,287 Posts.
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    Well for one NGF is Zijin and Zijin is the biggest Gold producer in China the world's #1 Gold producing nation ,,,and it's also state owned by the biggest creditor nation ,,,,funds not exactly be hard to get hold of..
    Marketcap 100billion+ ... If they want some of PXG assets I'm sure EVN will bend over ....IMHO they will split PXG assets between themselves ....neither will what to pay much so unlikely a bidding war ...yes I can see us holders getting screwed .....maybe 12-14c hopefully higher ....but then I'm prob wrong
 
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Currently unlisted public company.

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