RE: Video31 Jan 2022 10:04
It would be good for all of us if they agreed on the 5% valuation by mid Feb. But I got the feeling from the video that Shaun is expecting "a drawn out process", simply because they have different agendas to follow. GGP want as much recognition as possible for what 'could' be down there and NCM will obviously do their best to keep this to a minimum.
Notice how, even their reports include different parameters (PoG, Cu prices, grades, etc), so expecting them to value what's down there exactly the same....err, I don't think so.
In the perfect world they will announce a joint decision on 17th Feb and then NCM have 30 days to execute the process.
In reality, IMO, I think this will drag on for weeks..........
In the meantime......MRE2.
Z