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CNMC expansion plans on track despite HK dual listing setback

Management, analysts cite strong gold prices, adequate cash reserves for continued optimism

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CNMC CEO Chris Lim: "The listing process is not an overnight thing, but a long process and the company needs to be in the market for a certain amount of time to communicate with shareholders, for the market to understand the company before it can raise funds."

Singapore

CNMC Goldmine's plans for a dual listing in Hong Kong may have hit a roadblock, but strong gold prices and an adequate cash pile will keep the company's expansion plans on track, say management and analysts of the Malaysia-focused gold-mining company.

"This is not in any...

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