RE: Telfer rumour....29 Aug 2024 10:12
I do agree Speedy, that if GGP is serious about wanting both Telfer and Havieron and 'maybe' the other JV ineterests Newmont own in the Paterson, then GGP would have started getting their ducks in a row long ago.
Ducks include debt discussions with debt providers, plus, broker discussions regarding equity raising.
We've seen the Financial Review article the other week noting circa $500mill being the price, unsure if AUD or USD, but hopefully AUD being FR is an Australian newspaper so default should read AUD unless they specify another currency.
Once Telfer gets signed off from the local environmental authority and is fit for sale, I gather a sale will be announced.