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Norwest dips on debut

TIGHTLY-controlled Australian Mines spin-off gold and base metal explorer Norwest Minerals hit the bourse today, having closed its $6.6 million initial public offer to resurrect work at a suite of projects while AUZ has focused on its flagship Sconi cobalt-nickel-scandium project in northern Queensland.

Haydn Black
Norwest was off 10% on day one.

Norwest was off 10% on day one.

Norwest's listing was a near-certainty given three directors (Kok Hou Leong, Ching Hing Loong and Yew Fei Chee) put in a combined $3 million for 7.89% each, while Malaysian Chee Sook Ping's CNG Global...

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