RE: Prim hinting at takeover7 Apr 2020 11:26
Corradus, i spoke to someone yesterday who was adament that we would not even get to stage 4 as GGP dont have the funds to pay their part of what required to complete the Feasability study, he said Newcrest would make a bid for the lot at the end of stage 3 (or sooner) because they dont want GGP fannying around slowing the route to production down. low and behold 24hrs later, we hear they are pooling large amounts of cash, and last time they did thaat they bought Red Chris (there other favorate prospect) for $800m.
Its all smelling rosy from where im sat!