St Ives gold mine is owned by Gold Fields, company with a market cap of about $12b!
why doesn’t Gold Fields take AAM over? It's not as if they can’t afford it.
or alternatively, sell the st Ives operation to AAM in a reverse takeover….
The only negative I picked up from the presentation is that there seems to be a decent amount of barren dirt on top of the rock containing the gold….i.e. expensive start-up costs perhaps?
Ann: Resources Rising Stars Summer Series Presentation, page-31
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