RE: Daylight14 Sep 2023 10:23
A buyout of HAV has always been a possibility. If the Newcrest / Newmont deal was not about to happen then I am sure that Newcrest would have tried to buy HAV. It seems to be the way they normally operate, owning 100% of things once they reach a certain level. Newmont will also be pondering it.
However, we do not have to accept, and it would take a very large number for us to agree to seek HAV, otherwise we would be better holding onto it and taking profits from the ore when it comes out of the ground in a little over 6 months time.
If HAV is sold, we make a lot of money quickly,.
If we do not sell HAV, we start making money and become a producing mine owner.
Either way we win.