Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
We can't answer that. SD has said he'd only put it to a shareholder vote if it is reasonable offer that would take us years to get to. PI's hold 70% of shares so also depends what the consensus is. Some have been underwater for a while and may just want their money out and run, others have been in for years and happy to hold for years to come.
6. Shaun Day has also stated this is a probable 20moz mine.
Now hear say
I understand not official release has stated this in writing but surely hearsay is an overstatement when it comes from the MD
It's now public knowledge $60m was agreed but I suppose it's not technically public knowledge that Newcrest will go ahead and purchase it for that price. We all know they will but could be classed as insider knowledge until they've stated they will be or until it's all fully completed