RE:RE:RE:CAN ANYONE EXPLAIN THISRe getting IR and Business Development teams in overdrive - I don't think Mr Warke needs an IR department. If he has one, it's probably just for show. This is the downside of having a controlling shareholder who is so wealthy he really couldn't care where the next half-billion is coming from.
As far as Business Development, let's assume there's some truth to the $20 per share NAV that has gobsmacked all the analysts. So, to do a deal for 150 million shares is going to run $3 B. Teck is spending $7 B on Quebrada, and I think First Quantum is into Cobre Panama for $6B US (probably understating here). Let's assume that Warintzia is going to be a much smaller scale project and capex is going to run $3 Billion. So, a buyer is looking at a ballpark $6 Billion all in.
I have news for you and the Business Development department. The vast majority of your work is going to be involved in the 2 phone calls you make to Australia. For form's sake, you might ask First Quantum or Antofagasta if they're interested. Teck isn't - they have a number of Cu deals for which thet're looking for JV partners. You might also canvass the 2 largest gold companies. After that, the number of companies that can handle a $6 B project would be squat. Voila. Job done.