Just like I said Newcrest gave it a miss. Clearly looking after their shareholders interests.
Greatland signed up to a deal re the calculation of the value for 5% to NCM but seems they didn’t really understand how it would work given their carry on about the calculation of the $60 mill. Maybe the loan has terms they will disagree on as well.
The point is NCM has capital it could use to acquire assets with potential greater returns for their shareholders. Maybe that will be a bigger chuck of greatland or ????
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