Beatons Creek, Blue Spec
Not much heard from this in all the ups then downs on recent News Releases.
Of the present market cap, I wonder what part of that could be attributable to Beatons Creek and Blue Spec (“good potential to expand quickly” QH)
Would hiving off Beatons Creek & Blue Spec and maybe other projects to a separate quoted company be beneficial to Novo shareholders? As such present shareholders in Novo would have a stake proportional to their holdings in NOVO in the new company Beatons Creek/Blue Spec.
I only throw this out as a possible wild idea. It seems to be that Beatons Creek has been pushed aside for the time being.
Could these projects be more successful by being independent in a separate company from Novo?
Such issues as management, finance legal issues etc. would have to be addressed.
The very knowledgeable posters have a much better understanding than me of the whole NOVO project, so apologies if this looks like a red herring or not useful!
I’m 82yo and my first investment in gold mining was in SA in 1973 (Welcom, East Driefontein etc). I have seen many ups and taken some hard knocks in the downs since in this very treacherous type of investment!