Valuation6 Apr 2020 00:13
The board of directors at GGP, are not like us in having to wait until the 30th April to find out what Newcrest have been up to.
GH will have his finger firmly on the pulse and will be aware of results as they come back to Newcrest from the labs. I am sure he has a good idea of what we have got and will have his own team of experts calculating the resource as we go along.
I would think that if Newcrest tried to buy us out at a discounted price, then GH would reject it and let it be known that we were worth more citing results to date. That could be dangerous for Newcrest as others may make a play and we could end up in a bidding war
.