Ann: Newcrest and Newmont enter into exclusivity deed, page-33

The NCM board must look at the facts of the deal;

a/. it’s non compelling Newmont script offer
b/. Gold will undoubtedly rise in value at double the inflation rate.
c/. The enormous reserves of gold and copper
d/. NCM is an ASX20 stock
e/. Future fully franked dividends are in doubt
f/. The deal doesn’t represent compelling value for shareholders, particularly Australian shareholders

This deal is flawed and not in shareholders or Australia’s best interests.

Surely the board could not agree to a sell out and if they do, then the government should veto it completely.