ENR encounter resources limited

Newcrest have expanded the joint ventures for a reason. They...

  1. 908 Posts.
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    Newcrest have expanded the joint ventures for a reason.

    They will have a good crack and spend a pile in my estimation looking for an elephant.

    Newcrest to sole fund up to a JORC resource.

    Anything under 1 million ounces of JORC, the projects go back to encounter 100%,

    Anything over 1m oz of JORC and they have a 20% participating interest

    looks like a good deal to me


 
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