@Onecover - Not sure what to make of your post.
Perhaps you are beginning to understand the magnitude of the deal, and how much it was actually worth.
Yes Greatland got it for a snip $475 Million, but that was never ever going to be the end price of the deal given that Newmont took 20% of Greatland in part payment, and the fact that Newmont were afforded defined get out points to divest their holding of Greatland at a guaranteed profit, obviously made it too appealing for them. This was always a $1 Billion plus transaction, carried out in a way Greatland could afford it, and Newmont got decent value for the asset (as you have so rightly indicated). A great deal for all parties involved.
As for worrying about the mine rehabilitation costs, this will not be a concern for multiple decades, you are aware Telfer will still be operation for at least another 30 years. In my mind that is another investment lifetime away, perhaps my future grandkids might have to take this into consideration.
Newmont are still assisting Greatland in regards to the tailings dam, and Greatland are getting $ Millions AUD per day to enable them to complete the development of the decline.
Perhaps if you continue to your more detailed research into the deal and into Greatland, you might start to get a better understanding of the magnitude of this deal and what Greatland are set to become.
Keep up the great research.
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