RE: Stop Whinging22 Sep 2020 12:10
Not only that Paddy all the signs are there that Newcrest are going to mine and Haverion is one of their main targets with a) the amount of gold indicated so far and b) the Telfer processing plant being so near. Jobs are all being advertised for and the camp developed to accommodate the workers. NC are not going to walk away.
Regarding Rio and Biswas, his name must be in the frame ((probably one of the favourites) and if he were to takeover at Rio, Newcrest must be a target for an acquisition in due course given he knows it so well. Others will certainly will be interested in the NC assets.
Finally for those concerned at the slight drop in price they should remember that 121m shares were bought by a banks at 27p and other large buys most likely II's went through at the same price. They will not expect to make a loss!