so true, i didnt think much of coolan, small piece of the drummond pie. the fact newcrest willing to spend up to 25m drilling it makes the 25% they would leave to gbm worth around 8m by newcrests valuation?
would newcrest also be interested in yandan and twin hills? for this reason alone i am buying back in today 50m for newcrest is pocket change and gbm is only at 20m mcap, good potential for 2+ bag from here in next 1-2 years
Ann: Strategic Farm-in Agreement with Newcrest in Drummond Basin, page-5
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