RE: MJ interview23 Nov 2018 12:06
Thanks for posting that, it's really informative. To me the following is a clear sign this is going to be sold:
To come back to my original mantra about doing this for shareholders, I'm a shareholder, heavily invested in it, most geologists only get an opportunity to work on one project like this in their careers. We've got an opportunity to work on 12 of them. There's no geological reasons why the other 11 can't be as good as the first one. I think you'll find privately that's one of the things that interest BHP. That's an entirely speculative view, but if I was them that's what I would do. Dealing with BHP was a pleasure. It took three weeks from the first phone call.
MJ: Did they have a better understanding of how you operated, compared to 2016?
NM: Yes, and the way they do business has radically changed.
MJ: So their capital allocation plan released this week, with earlier stage, potentially higher-risk investment, was quite familiar to you?
NM: Yep. They understand what porphyry systems are, they understand how recognisable they when you first drill into them. We've got 70 drill holes that all have between 500 and 1500m of intersection and it covers a big footprint. You can muck around the edges about what it's going to deliver. But they know what it's going to deliver.