Yes IMHO will happen next year maybe not NGF more likely the chinese Zijin Group (controller of NGF)
Or maybe a merger deal ...don't think we'll see them pass up 1moz reserves they could get for easy $100-$200per oz like I said before Norton likely wanting to first test the ore over a period...
from NGF ann.
Norton’s Managing Director, Dr Dianmin Chen commented “We welcome the potential contribution the Projects could make to Norton’s vision to increase annual production to 300,000 oz of gold in the near to medium term and to our strategy to focus on cost reduction and deliver value to shareholders..
PXG Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held