Originally Posted by
Brain
I have always had a concern over Talisman’s acquisition of 80% of Rahu from Newcrest.
Can anybody help with the following questions.
1/ Why was the deal confidential? I cannot understand why the price would be commercially sensitive.
2/ The price must have been low because if it wasn’t it would be hard to hide it in the accounts.
Any ideas where or how it would be hidden?
3/ Rahu does seem to be highly prospective. If it is an extension of talisman with similar grades and is on non conservation land then it could be a highly valuable minining liscence.
Why did Newcrest essentially give it back to New Talisman?