RE: Newmont sale example16 Mar 2024 12:45
These posts are solely examples of Newmont selling assets and how it may pan out for Telfer/Hav/JVs owned by Newmont in the Paterson. A December announcement followed by a January closure is pretty quick.
Let’s hope our team at GGP are in the middle of working out the finer details of a deal with Newmont.
For me this deal is a company maker. I didn’t expect it when 2024 rolled around, but now the opportunity is here GGP needs to jump on it quickly. Secure the Paterson and be king of the jungle. Become an overnight mining company, imagine that!
Then list on ASX and secure that share price rerate similar to what Tribeca is attempting for Glencore.
Then watch as ‘hopefully’ the GDX buys shares, Aussie pension funds buy shares, Aussie ETFs buy shares, Aussie PIs buy shares. The share price would be worth many multiples of today’s 6pence. GGP could be worth say £2billion market cap if all these ducks lined up. That is a share price worth over 30pence a share.