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Have a read of the numerous posts on this topic regarding why...

  1. 82Punter
    618 Posts.
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    18/01/19
    19:36
    Post #: 37160219
    Have a read of the numerous posts on this topic regarding why Anglogold Ashanti let the project go. Nothing to do with project economics, all to do with market conditions in 2012/13, new CEO, rationalisation of global capex budget & pre-commitment to the US$2.2bn capex cost for the 20Moz Kibali JV with Rand Gold.


    In the grand scheme of things, A-K was too small for them at the time...

    VEC Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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