posted
Can someone help me to know more about nmcof? Namibian Mining Corporation (namco)or nmcof went bankrupt in 2003, except 2 subsidiaries of the group that owned diamonds concessions in Namibia. These 2 subsidiaries were bought-out by LLD group and included into a company called Samicor. Samicor got a joint venture with DFI for diamonds drillings on Samicor's concessions. It started to be productive right now. But, what about NMCOF that were still trading during all these years. If anybody knows about the future of nmcof, please send a message back. Thanks in advance!
IP: Logged |
posted
Thank you Will! I already knew that datas because I am in for long. It's a long story...Normaly, Samicor bought-out Namco shares to get diamonds concessions, but now nmcof that was Namco is still trading, so what does it means? I expect nmcof will be valued in relation with the diamond concessions value. Nothing is sure, all depend on how Leviev want to organize profits within the new Samicor structure. Other ideas are welcome!
IP: Logged |