If the 'Sichuan Bureau of Metallurgy and Geological Exploration' is the Chinese Government then 'Thames Water' must be the British Government.
RNS is a mandatory Regulatory News Release to comply with AIM rules.
PRN is a Press Release.
They are two completely different things !
FingerInTheWind
That is not an RNS, that is a PR Newswire of their 2008 Annual Accounts.
lessluckthanjudge
There is also nothing in the 2008 annual accounts to suggest the Chinese Government are in any way involved with GGG.
The last RNS released was the suspension RNS on 2nd June.
Can someone post a link to the RNS suggesting the Chinese government is involved or is that just rubbish.
If the Chinese dont just take Nimu3 Jun 2009 13:26
I wonder how much GGG would consider accepting for their 30% stake.
They also take 30% of profits made from the Dong Mao Huo Gold mine which comes online in September.
This could be a serious little cash cow in the near future ..... if the chinese dont just seize any assets they want !
The note bears out the estimates / targets that MTL have been aiming for since I first researched the company 6 months ago.
2M oz mine at around 180K oz per annum production cost $460 per oz ($280 incl Ag /Cu).
Strong backing from Solomon Capital to production in Q1 2010.
With further JORC results due over the next couple of months, I think this will at least double by the end of the year and the double again on first pour next year.
Just my opinion though !