RE: Greatland Gold Will Be Bought By Newcrest Soon25 May 2020 23:45
Hi mickey, spy - I also think that the deal is not finalised but definitely both parties are discussing matters in increasingly specific terms as the results come in - hence the actions GH has taken of late with Hannam and the interview, I am kind of conflicted about the interview but increasingly feel it was more for shareholders benefits rather than a strategy play against Newcrest.
SB - I wasn't proposing we have anything to be unhappy about if they buy our stake in Hav - will be a nice number - not one that leaves a sour taste in our mouth at all.
This is just the best move for both parties as we need to make a sacrifice of sorts now, as you have to make your plays based on your negotiating power at the time. Newcrest shareholders will want proven assets and be less willing to pay for those that haven't been so - hence my theory that they'll be more focused on just Hav.