Anyone car to speculate on any potential JV partners? OZL has been suggested but obviously there may be others?
HGO are in a fortunate position whereby they are not desperate for cash and the banks are keen to support the project.
HGO have had plenty of time to assess potential partners and I would imagine that they would have already 'unofficially' decided on who will share the fruits of Kanmantoo. Of course, only the gods are privy to this information and nothing will be 'official' until MARP is complete.
It will be interesting to see the % and $ involved in this deal. Due to the number of parties interested and the upward trend of copper prices, I feel that this could be more favourable that we originally expected.
Anyway, just reading between the lines here...and of course killing time until the Indonesian treasures are exposed.
HGO Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)