Newmont to keep Telfer and Havieron?27 Aug 2024 12:54
It wouldn’t surprise me if Newmont decided to keep both Telfer and Havieron .
Having basically mothballed GGP for at least 6 months, Newmont have basically been draining the cash from our company via the salaries of our very distinguished board.
How much is left?
Would we be an easy target for Newmont to pick up our 30% if they decided to keep the assets?
Has our BOD been naive in allowing this to go on for so long with nothing to show for it, or are there any penalty clauses that GGP can use, should Newmont decide to keep their assets?
I know there has to be a certain amount of confidentiality and acquiring a possible asset is complicated, but this is dragging on too long imho.