RE: Newcrest Shareholders21 Feb 2022 11:07
It’s not as straightforward as that Taverham - if we accept (as does many independent commentators) that we are dealing with a Tier 1 Gold Mine then the industry/world’s eyes will be on NCM as to how they handle their junior partner. Bearing in mind GGP have other irons in the fire along with other junior explorers, if NCM/SB are seen to “shaft” GGP then it will not only harm their reputation but put them way down the list of Seniors to JV with in the future. As I keep saying, there are professionals at work here (not backstreet gangsters), there is no need to get greedy, they simply want/need to effect the quickest route to production before Telfer (or new processing plant) costs NCM far more than any 5% or 25% come to that!!!