BARRY FITZGERALD

Regis plays the long game by going troppo for Tropicana

REGIS Resources paid well over the odds for its $903 million acquisition of IGO’s 30% non-operating stake in the Tropicana gold mine, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
Regis plays the long game by going troppo for Tropicana

Just how much it was over the odds depends on a whole bunch of assumptions. But the pundits will tell you it was something like $150-250 million too much. No argument with that, particularly when 70%...

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