Takeover Candidate, page-47

  1. 16,711 Posts.
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    Who's going to buy it if they can't show it will work cost effectively Cu= $2.75. It would have to be someone speculating on the Cu price. Which is what we're doing with it.

    And if (as soon as) they do prove Nifty can work cost effectively it's a T/O target.

    As for Wingellina same thing. Ni price dependent but a $2 B capital build tag.

    That's not to say numerous mining Co's are sitting on assets that are sub economic a the current and projected commodity price. Like OZL with their holding in Toro for Uranium (that they spun off).
    Last edited by arsenic: 05/07/19
 
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