CGP presentation20 Feb 2020 23:58
just watched the video posted somewhere down below. (good find). CGP seem almost pained to have to mention SOLG throughout the video. Get the impression regards selling that its to anyone but SOLG.. They do seem keen to offload Alpala however at a suitable price to a "friendly bid" as they put it . I think the obvious sale of CGP or Alpala is to Newcrest, as CGP have JV with them in Ecuador already. It would certainly keep things tidy and I cannot see that NM would object (too much) to that. It may also explain why BHP provided funds - they wouldn't want to lose too much ground (sic) to Newcrest with such a large resource.
Question is - will Newcrest pull the trigger? Its certainly on Mr Biswas mind as seen from recent articles, but they are also running full steam with Greatstone in WA on Havieron - would both be too big a commitment?
answers on a postcard ..