Further to my comments below, Newcrest management should consider my posts made on this (CGP) Stockhouse site for
April 6th 2022 entitled A Big Hairy Isea For Newcrest
And...
April 31st 2022 entitled At A Minimum.
I would also direct Newcrest management to 2 deals very recently announced in the mining space:
1) Glencore buying Newmont's stake in Yamana's Mara project,
2) Agnico Eagle buying 50% of Teck's Mexico mine.
The trend that these deals are exemplifying is ...................
RISK SHARING!!!!!!
This has been a feature of MANY MANY industries
FOR DECADES!
This trend appears to be finally hitting the mining industry.
And I believe this revelation has been partly caused by the series of disasters
at Turqoise Hill.
Newcrest has a chance to carve out a lower risk, more profitable stake at Cascabel.
Yes BHP may be upset.
But BHP will live with it.
BWDIK??
We c.........................
JMHO DYODD