Wyloo, forest9 Feb 2023 03:31
How about this.
Newmont sweetens the deal a little, newcrest accepts.
They want to sell hav and telfer off.
Can wyloo and or andrew forest afford to buy it. How much is that group worth, can they get access to extra funds or form a consortium of people to buy the 1 billion or so needed from newmont.
Say they do... Then they form a new Co to develop it. Call it west Australia gold. (WAG), no dog jokes guys please,
Forest and Co as wag then owns 70%,he adds in his cut off gpp to that, offers ggp to merge into wag, on a similar deal to the newmont, where say we get 0.25 shares of wag. They finish the decline using the existing crew, who transfer over into wag employees.
gpp are then let loose to juri and black hills and earnest with a load of drill rigs to find that other golf that callum was talking about,
telfer processes hav, other local ore and the new ore that ggp will find in the next 3 to 5 years. Wag then become a giant gold miner, min mid tier.
With the board in gpp added into wag they have the clout to pull this off.
Discuss.max 2000 words, on my desk by Friday morning