RE: Hi Bamps, FYA16 Jun 2023 15:43
How can anyone here know whether Newmount will dispose of H or Telfer, or who might buy it?
Telfer seems to have a future, given time, without all the expense, planning, consents required to build something else in the region. And I don’t think anyone sees 70% and Telfer as anything other than a job lot, one way or another.
So I start from the position of why would they rush to sell either. I don’t know, but can’t think of any reason why they would want to mess with things, with profit in touching distance in mining terms.
It’s been floated in the press, is all, something that ‘could’ happen. And they have said they will look to disposals, once they have settled in. I imagine sometime next year.
Circumstances will have changed for Hav, and possibly Ggp in the next year or so.