RRL and EVN will probably run the numbers over this asset to see if a deal suitable to them can be made. Both can operate lower grade open pit operations successfully.
SBM may also have a look, but given how they have been burned with low grade operations in the past, I think they will stay away. NST will not look at it, since its got plenty of options (fixing Pogo especially, but also the Tanami tenements etc).
The issue for these miners is that they want to keep their average costs low, but owning Ravenswood will take a lot of capex to fix it up and even then be a mid-to-higher cost operation.
Spinning off Ravenswood seems far fetched given the capital it needs - would require a massive CR.
loki
Resolute to sell Ravenswood, page-41
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