RE: Jerry11 Sep 2020 01:47
Jerry and others, what are your thoughts on Newcrest offer to GGP? Will they buyout or GGP keep HAV but get paid royalties? Considering the current MCap of £720M, if Newcrest are to buyout GGP then probably without looking at Scallywag and other sites, I think £2Bn minimum is reasonable?
But looking at the way Newcrest are going at this it makes me wonder why they are not throwing an offer to GGP? If the deals ends up as paying royalties to GGP for the mine life time then wonder how much would GGP receive and whether GH would be ok to have just royalties? I think it is a no as once MRE is out, GH will be in a top position to do the discussions so if not Newcrest then he can easily get another one considering the MRE assessed? What we just need to know is how much would be the end MRE?