RE: Stop Whinging22 Sep 2020 12:03
Personally down £100k since Mondays 27p open!
Am I bothered? Nah!!
We all know where this is going and having been invested here for over 6 years now, I have learned to no longer get spooked by any of the games the spivs play!
Fundamentals remain the same, and you can't unfind gold!
On a completely different note though, and just a thought, what if Sandeep Biswas was to accept the top job at Rio (as it has been rumoured he may be 'in the frame' for)?
Bearing in mind his full knowledge of the workings of Newcrest and exactly what is going on with Havieron, not to mention Rio's (extremely) deep pockets (and Deutsche Banks' previous advice to Rio to diversify from just Copper) would it not be possible that Rio under his stewardship may just choose to buy out Newcrest (and GGP?) entirely at some point in the future?
Were that to become a reality, would the likes of Barrick (or any other mining major) just sit by and let them?
As I said, just a thought but hey WTFDIK?