BDM 4.76% 10.0¢ burgundy diamond mines limited

morning TDpicked up a few more myself yesterday, this 'gift'...

  1. 7,638 Posts.
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    morning TD
    picked up a few more myself yesterday, this 'gift' from the PNG Govt is a real game changer for Cott. I expect that they will eventually farm down part of their interest but not before some significant value has been added and the business case strengthened considerably.
    As it stands Kina and Cott hold 65% of the asset between them and I think they will need to retain this for a while (and act as a block) to keep Talisman under check.

 
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