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Shandong flags Cardinal bid increase

Chinese bidder ups offer by 2.5c after Nordgold attempts to withdraw off‐market

Haydn Black
Shandong is aiming to take control of Ghana's Namdini gold project with a more robust offer

Shandong is aiming to take control of Ghana's Namdini gold project with a more robust offer

Late yesterday, Shandong said it would increase its bid for Cardinal from A$1.05 per share to $1.075, however the extra 2.5c is also contingent on Shandong securing a relevant interest in at least 30%...

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