Timelines10 Oct 2020 13:25
Just musing over the probability that the mine decline will start in the next 10 to 15 weeks.
By then the ownership of haverion will already be decided,should it be sale or joint venture,otherwise it would become messy.
The m.r.e. will have to come before negotiations on the ownership , or how does anyone know what they are buying/selling. The m.r.e. will be the maiden one with a low estimate, so once again how do we really know what's down there.
I return to posts I made a while ago proposing a sale based on the m.r.e. with further installments as the resource estimate grows. I just cant see any other way. I was persuaded by a post last weekend that newcrest would definately want ownership, but this is the only way I can see it happening and it makes it more palatable for the newcrest shareholders too. So with this in mind I think an early m.r.e. is also probable, possibly this month.