There is a good chance that part of the income from Brazil will be used to discover the true potential of Tropicana. It is located 60k north east of Anglo Gold/Independence. Once the management of BDR are able to determine the true value of this asset, they will have many options. one of which would be either:
1. Sell at a premium
2. Do a joint venture with Anglo Gold
3. Develop it themselves
I would favour no.2
your thoughts?
- Forums
- ASX - By Stock
- BDR
- tropicana east
tropicana east
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries