RE: Possible / probable Hav buyout13 Jun 2020 12:49
Agree with Tiggerman in that scenario except for the timing as NC I reckon would be happy to plod through any JVs for our other projects in the original timing of about 6 years for HAV. Why?
Because they are likely to have enough work ahead of them to mine HAV and fill capacity at Telfer.
Also, though they have a good relationship with GGP and will have likely bought out the 30%, how much of the proceeds will be left after potential special dividend & annual costs several years down the line. By then GGP may not be in such a strong negotiating position.