RE: Interview8 Oct 2022 12:31
As newcrest have been thwarted in a hostile takeover of GGP ,by a shrewd Shaun day ,bringing in a third party is an insurance policy on any other ambitions of newcrest , but saying that ,newcrest may still want GGP assets and a bidding war may ensue, sooner than we may think ,as Shaun said, it’s coming out of the ground in 18 months, that’s no time at all ,if you want a bidding war after they started to dig it out ,it’s going to cost a lot more than 18 months earlier , so interesting times ahead , and almost no risk anymore, there’s no way they are not going to mine, IMO .Asset with very little to no risk ? Find another if you can , soon people are going to take serious notice of “ profits” here , and for many years to come ,what’s not to like ,the company is noW almost derisked itself , IMO .