RE: Id say we have a monumental week ahead4 Mar 2024 10:10
Agree with comments here to expect this to take time. This is a major transaction for GGP if it does buy Telfer + Hav. Lots of ducks to line up for it to occur. And from Newmont's side they will listen to all offers put forth. Agree that any potential buyer will want access to the data room in order to calculate a fair offer price. This means the process could take weeks or months. Nothing we can do but wait. Shaun is here so we can ask him questions, which he can attempt to answer from a GGP view, however he is not privy to the offers received by Newmont unless they are made public.
It is a nerve racking time for us all. Ideally we want Telfer + 100% of Havieron, mostly funded via the banks, knowing that revenue is immediate via the Telfer mine operations.