Takeover target, page-3

World
Class assets which produce little in terms of shareholder returns -

Aud gold
And copper price below last year and profit was tiny- production is still stagnant after years and it’s already trading at insane pe!

As the overdraft comes
Down- they have flagged they need to spend a lot of capital ——-ie build debt again- telfer

Lihir not doing that great

They should imo get new ceo- operation edge and everything else did nothing imo - it was merely a pop in gold price and copper prices and fall in aud that saved ncm

- sell all the mines pay off all debt- just operate Cadia and the bank balance will grow significantly and quickly and shareholders will be better rewarded—— its a long life mine—- the other big chunks of resource and reserves just cost money to hold, maintain and develope—- shareholders could get rewarded quickly if this businesses ness was broken up imo