RE: RNS - Surely this is the news we have been waiting for15 Nov 2024 15:34
The deal’s done. It would be odd to think it’s not going through, won’t be completed. As such, it’s probably priced in.
Down to what they can make of Telfer, ( that ‘one dollar’ company on here, according to Mr. Day and most, if not all, on here, before Ggp bought it )
How much gold is mined, and priced, including hedging, is the question, until 2027, so say, when the point of it all happens.
ASX? Who knows what may happen on listing?
Though I think Newmont may make shares available, if Wyloo don’t want them ( @7.2 is it ) Newmont doesn’t want them. It got the deal over the line, is all.
Going to be a bit of upper downy here til Telfer accounts published, blah, blah.
They need the Fs out, enabling bank lending signed up, for development and H production 2027 on.
I would also wonder, what about the acquifer ‘ pause ‘. Big news at time, turned inside out on here, putting things off. Precious little since.