yep fully prepared, that’s the game. The removal of volatility takes the fun away and there are always other deals.
12 months ago these shares were in the bottom drawer for many longs - so there’s a lot of frustrated top 20 looking for an out - does that mean it’s the right thing to do? I’ll argue it isn’t, but let’s see.
This is a world class deposit and it’s poised to grow with TA3 results on the shoulder of a major commodities bull.
the price is backstopped, can the deal tank? Anything’s possible of course but is 150-200mt worth ~$1.68b? Not in my lunchtime.
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