Caver,
you are of course correct concerning the other Barrick interests and numbers of operations in Australia.
However,not if you segment the business units as Barrick have done.The three i talk of least fit Barricks business model and are clustered together as one business unit.
Read their annual reports and presentations.
Three or six,or just the one,who knows.I do know Stone Australia's accumulated tenemenets were searched for a large a resource and one can only suspect,showed Stones lack of technical ability to find the right vehicle.They didn't find any,or they too would be competing directly to supply and then take out GSM as cheap as possible.
Stone will no doubt get their finders fee from Shandong for laying out the deal in front of them and the opportunity anyway.
That'll no doubt come via the purchase of their shares in CRE(FML Laverton).I nearly took the option of keeping them and receiving 4x the upside i would holding FML directly but i assumed FML would be by far the better half of the two.
DYOR+DYODD
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