RE: Foregone Conclusion15 Sep 2018 11:06
It makes sense to me that BHP have a JV with NCM, considering it will be block Caving
Not sure where Newcrest are going to get the cash required to buy it? Whilst BHP on the other hand will likely have the cash available
Prob not need to start with a couple of billion
Each, but where are NCM going to get this sort of money from? Well, if NM
Could get the funds then there is a good chance NCM will be able to get funding also
Throw in the mix another major or two entering the game with a bid and we have all the conditions for a bidding war IMO
Exciting times indeed