RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Grid meetingJust had a quick re-read of the Coffee FS. You would have to question why Newmont spent all that time and effort on drilling, permitting etc etc for per the FS - 455m After Tax NPV @5%.
I would have thought this was a marginal project for a major 2m Oz of gold. Yes, granted gold was priced in at 1,200 per Oz per the FS -> as we know this has changed a lot in the interim but so have the capital costs of 1bn.
I wouldn't totally discount Newmont from coming in for WRN if gold continues it's bull run.
Irrespective of any kind of Newmont speculation etc the best thing that Newmont could have done for us was getting Coffee permitted (2022). It has shown us the way to get Casino permitted.