LGL and NCM to merge
by, 26th-September-2007 at 10:36 AM (6859 Views)
There have been ongoing rumours that either may be a takeover target but I believe the best case for both companies, and for the Australian gold industry, would be to merge and form a mega gold miner to take on the big players. With both errasing their hedge book and clearing debt they will have the balance sheet for numerous and significant acquistions. Perhaps even become one of the top 3 gold miners over the next 5 years. Now's the time to get into bed boys, or be taken by a foreigner.
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