RE: Copper…8 May 2023 21:16
Sandgrounded,
In my simplistic analysis, NEM should they succeed in their takeover of NCM ,will ultimately takeover the contractual obligations of the Havieron JV agreement between NCM/GGP.
So by default, we all ready know that if NCM did not wish to carry on with HAV, there is a clause as I understand it that says it must be offered to the other party, ie GGP etc.
So in conclusion NEM will not be offering 70% of Havieron up for sale to the highest bidder unless GGP agree , cant see that happening IMHO.