RE: Funding deal1 Sep 2020 20:17
'expertise to build the mine'. Newcrest, one of their main shareholders is a block cave expert while BHP, their other main shareholder has been building mines for decades. The idea that an appointment to the BOD can replace the physical experience of actually planning, managing and building a mine from scratch is preposterous.
BHP won't be taken in by Mather's stance of taking Alpala to production for BHP knows he doesn't have the expertise, knowledge, capacity and experience. That lack of experience will lead to massive budgeting mishaps if you're not aware of the pitfalls