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AZY General Discussion, page-90

  1. 2,550 Posts.
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    Thanks Cate88. A very interesting piece of information.

    I rather like the name Hyperion, although 'Hypieron' would have been even more encouraging, if a little less pronounceable.

    I also like the Sandeep Biswas / Newcrest association. Biswas wouldn't be the first senior mining executive to step out of one of the majors and bring with them an unwanted but very significant mineral asset into a smaller company.

    It reminds me of when Owen Hegarty stepped aside from Rio Tinto and joined the market minnow Oxiana Resources, bringing with him a dowry known as Sepon. Sepon at the time had 2Moz of gold and 1Mt of copper in resources, but was strategically unwanted by Rio due to its location in Laos. (It has since produced >1mt of copper and 2Moz of gold, and currently has 7.5Moz of gold in reserves). Owen always did like copper. But the gold was worth having too.
    Last edited by Onceover: 25/02/24
 
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