Ann: Quarterly Activity and Cashflow - 31 December 2021, page-33

I realised now, that it was a 3 year low for Newcrest earlier this morning.

Looking at their production results at Telfer, you can see how attractive Minyari Dome looks for Newcrest. With a decent resource upgrade, if Minyari/WACA was processed through Telfer, even without Havieron at this stage, it could significantly boost Telfer's annual gold output.

Newcrest are paying $4 billion Australian dollars for Brucejack Mine, producing 311,000 oz a year for 13 years. Havieron will have max. 160,000-240,000 oz pa. for it's initial 9 years. So you can see, by marrying up Minyari/WACA with Havieron, it will be producing world class gold output, more or less the same as what Telfer has been producing. And exceeding the output at Brucejack