The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
IMO we won’t get a decision on the 25% until
The end of the month. My gut feeling is that Newcrest will grab it with both hands. Let’s hope for a decent update tomorrow, at least matching, if not exceeding GGP’s.
I’m holding on tight to my shares and will buy more if the sp shenanigans bring it down much further. Long term, this is a beauty.
GLA
Good post Jerry, I think that's exactly where we are at the minute. Decision on the 5% and then waiting for the December update.
TT hey, hope we are on the right trail :-))))))))))))))))))))))))))00
I am sure we are and full steam ahead :-)
ATVB
Tom :-)))))))))))))))
Tom, you just posted, "Just a little "Curious" that with news due tonight why we are at 10:94, seems a tad OTT to me and still falling."
So, that's just maybe my answer?
TT hey, who really cares, we know where we are going and as "PG says SOH and be patient". What happened to that GREAT advice.
I for one hold a huge holding and do not give a hoot for these derampers to make any difference to my personal opinion towards our GREAT GGP company and all that run it.
Good luck all real GGRPERS , keep the faith and be rewarded.
ATVB
Tom :-)
Wouldn't it be nice if they started with : "We're going to buy the 5% from Greatland, and heres an updated MRE with what we actually think its worth"?
Well, it looks like another classic GGP pre-news sp scenario no.2 per my post @ 06:39 am on Monday...
"Best two guesses, up to Friday, we'll either get a push up in the sp to 13p/14p, aided with FOMO, or we'll get the shorters keeping us around 11p, or pushing us lower, so that any rise in the sp keeps us where they want us!"
With GGP I've been thinking that every day for 18 months.
I can’t wait until tomorrow!
Funny all them tiny sells to confuse people - 11.90p finish
Oh look, the sp is up 0.4% again, again....
a broken clock is right twice a day silver
RNS here tomorrow before results Necrest friday would be fun
Wow, some here are actually debating whether HAV is going to be mined or at best chucking reasons into the hat .better to try and come up with one reason why it isn’t, . Now that would be a challenge for the grey cells.
Judgement days arriving for Newcrest, Havieron growing every month, how will they hide this ever grown ELEPHANT :)))
I agree, forget the daily SP ,it’s long term that counts, but it’s not that long to go before production, so I’ve been off this board for a while as cruising the med , and don’t intend to post much until closer to a serious SP rise, it’s the same old story, SP rise ,knocked down by shorters, but our day will come ,I’m sure of it .
Sorry, meant to say, "so that any rise in the sp ON FRIDAY, keeps us where they want us".
It's Greatland Gold, so, quite frankly, like many, who know's?!
Best two guesses, up to Friday, we'll either get a push up in the sp to 13p/14p, aided with FOMO, or we'll get the shorters keeping us around 11p, or pushing us lower, so that any rise in the sp keeps us where they want us!
As always, only time will tell...GLA!
I agree - so much has already been invested in this mine. I’m not worried about my investment. I’ve seen nothing negative so far. Just need to hold tight :) I’m looking forward to see what happens when the FS and decision to mine are announced. The next step after that is development, but we all know that started long ago. Will we see a recalibration over night to make up for the progress already made. It’s going to be exciting :) ATB.
GerryJo - don’t forget how much NCM have invested already in order to purchase their accumulated 70% holding in Havieron. Couple that with the enormous savings they will make by keeping their Telfer processing plant alive and kicking for decades to come (which makes the AISC at least the second cheapest in the world) then you can see that the risk of them now just walking away is massively diminished. Good times will be back here again very soon imho!!!
I tend to think that the shorts are educated plays based on the Lassonde curve. The mm’s and pi’s no that without any more major finds, based only on Havieron, that the share price is going to go down until the decision to mine is made. In saying that, if Newcrest take up the 5% option, then isn’t that as good as a decision to mine? Why the heck would anyone hand over 60 million dollars for nothing? When the decision to mine finally comes, I’m hoping the share price shoots back up to 25p in the blink of an eye… and then onwards and upwards as we approach production. The Lassonde curve says we are exactly where we should be right at this minute, which is difficult to stomach, but reassuring for the future… because we are going exactly to plan. Tick Tock. Patience :) AIMHO
I wonder what the start , middle and End off the week has in store for us!
Maybe shorts above 100m , maybe a capitulation from the squeeze or even a cheeky bid!
Interesting time’s ahead.
Good luck all especially you speedie