GREY:PORMF - Post by User
Comment by
basemetalon Sep 24, 2004 4:57pm
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Post# 7963154
RE: great news for novicourt
RE: great news for novicourtThere'd be no sense in paying cash for cash, so the new owner of Norana is probably not interested in NOV's cash also. On the other hand, Novicourt is worth more as a mining entity than just a dividend payout. e.g. How much is all that Megatem data worth ?
It seems logical that someone like AUR would buy Noranda's interest in Novicourt. OR Noranda's interest in NOV could be distributed to NRD shareholders along with the Aluminum interests. It might be very interesting !