Esra, it makes the most sense. You'd not demerge any greenvale assets because all can feed one plant.
Looking back at reports, s32 spent a fair bit of money at Nicholson and did get good drill intercepts.
Its a bit like Anglo with dido.
Back then the climat was average for base metals compared to now, so I think s32 and Anglo will have large regrets and both most likely would be keen to get back in.
As we know bhp and harmony have moved on copper at this early stage in what will be a decade metals super cycle.
Esra, it makes the most sense. You'd not demerge any...
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