So with you're 3 way JV we'd end up with:
- DEG 26.66%
- Gold Fields 33.33%
- GOR 39.99%
So instead of a 100% owned, debt funded +$1B mine cost, with payback in just 18 months, Tier 1 deposit that we build and operate - you'll give us 26.66% (or 33.33% if a true 3 way split) of the current stated $5,900,000,000 free cash flow (sure to increase), not to mention the rest of what might be in our tenements.
Hilarious, oh I see you don't hold.
And again you mention a GOR board seat. This was done to death back at the time of the DGO takeover. GOR are entitled to nothing, except their valuable and strategic investment in our shares. We might've invited GOR if it had anything to offer eg a skillset that includes how to develop and operate a gold mine, but Gold Fields did and do that. Very happy to keep GOR well away from our Board and senior management info and deliberations as we move forward, to wherever that might be, cheers.
GLTAHolders!
a song for the weekend, page-201
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