Hi Blog,
Clearly the market doesn’t see a $1B valuation in Big C, so you may be right.
Many of the world’s CU supper pits are transitioning to block cave mines over the next 10 years, so I wouldn’t assume block caving will hold up Big C.
Let’s wait and see what the PFS reveals.
RE REX Minerals, I would not be surprised to see OZL make a play for this once they get environmental approvals locked in.
I also noticed that MMG just sold Avebury for around $40M. You may recall Zinifex acquired this pre GFC for $750M. No that is a stuff up!
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