Jack,
I would think that whoever came visiting to put forward a JV proposal, Barrick would want "first dibs".
Porgera and Mt. Kare are remote locations as we know, and Barrick has poured a lot of money into infrastructure and supply lines over the years, so why would they be happy about some "Johnny come lately" company/s piggy-backing on some of it. We are in Barrick's backyard. The deposit is also so similar to Porgera that there is probably nothing to learn about it. And last but not least they have very deep pockets.
We may be able to go it alone, but IMO the better Mt.Kare looks (with existing and future proven reserves), the more interest Barrick will show. Logical?
23.
- Forums
- ASX - By Stock
- IDC
- ann
ann, page-18
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug