Given that Newcrest were shouting from the rooftops for months...

Given that Newcrest were shouting from the rooftops for months about how great the drill results were at Havieron each time they were published, and have now gone very coy about the same subject after publishing a PFS that only related to one tiny portion of the site, it’s not a great surprise to note that they are looking to buy 5% of the site, so are pretty obviously trying to downplay its long term value. Havieron is currently assessed as 6.5Moz but as PaddyGall says, it is enlarging every time new results come in. NCM is investing v heavily in it as a v long term project which will keep Telfer going. In their interest clearly, as well as that of GGP shareholders.