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Jet, the tie is a light hearted comment, no one actually cares, get a life
The point about the tie is totally irrelevant, but, just because I can - Shaun wore a tie for the recent award.
However, only the little man ‘sweats it’ about ‘must wear a tie’. Those CEOs and others on high and all-powerful to be seen regularly not wearing a tie number within their ranks:
Jeff Bezos,
Bill Gates,
Elon Musk,
Warren Buffet,
Barack Obama,
Sandeep Biswas,
Prince William,
Daniel Craig,
Chris Hemsworth, (okay, I digress, but you get the point).
Just another unsuccessful diversionary tactic?
Just watched the Webinar and have have to say that is SD best interview to date, maybe I'm warming to this guy, Pent I do agree about the tie lol
PaddyGall come on tell us did you go to Asda? ;) Yes I'm in stupid pointless post mode so apologies!
So that's the second biggest secret in the mining industry out as well now, we will have the banks lining up with offers to fund us to production. Can it get better?
GLA
3am
Quite right Paddy, the sense of excitement about the Eastern was palpable
Even at 3a, poor fella
Can’t wait til he does his Town Hall in the UK
Thanks Paddy - your number one point was also one that I caught on to. Very promising. Cheers.
I just listened to the webinar and I thought it was another polished performance from Shaun, even if he was cut off in mid-stride. I think he could have easily done with another 30 mins and perhaps he could have got to more of the submitted questions. Really pointless of LSE asking people to submit them if there's never going to be an opportunity to pose them.
A few points stood out to me.
1. Shaun was at pains to explain the capex would be completely carried by the FRACTION of the orebody contained in the PFS and the IRR was still a very attractive number - this means that any additional ounces which are converted into indicated will be very lucrative as there will be a very small capex requirement to develop them.
2. He addressed the funding question and mentioned that this PFS would be a bankable study whereas normally a DFS would be required to be in this position.
3. He was visibly excited again when talking about the Eastern breccia. He mentioned it's a new intrusive with a slightly different geo-chemical signature, perhaps a signature that might include a modicum of Nickel perhaps - that would cheer up hydrogen lol....
Happy as a sand-boy - roll on next Wednesday night - Paddy
More of the same, so great. The extra here is they are looking to fund with bank finance, so not with equity. 50m, 30 left which will take us to Oct/Nov 2022, and then 75m will come from banks.
What SD is saying is that patience is the key. We as an intricate explorer/potential miner must be ready for the key thrust due in the not too distant future. Have you noticed the accelerating time lapse that is currently happening in conjunction with the onset of the news rich short term goals. This will only increase greatly in speed into next year and beyond and the time will fly by. No genuine holder will be complaining of a boring journey to its destiny of mining Havieron and so much more.
So as LTH's set your aims/goals to reach what will be best for you as indeed SD and management will do, as well as the institutions etc will do. AND remember if your research told you GGP was a cheap share when it was .30p a while back, with the huge improvement in GGP outlook/prospects since then .17p now is a steal and if it does go lower an even better steal. Take your position for the rebound with the very long term future looking in excess of several £s per share. I am saving for it as I feel I have topped up enough as it is since .30p.
GLA and don't get deflected from what you believe.
A lot of institutions won't go for AIM shares (is my understanding). Certainly pension funds have strict rules about what they can invest in and where.
If you missed it, you can rewatch todays presentation here:
https://www.youtube.com/watch?v=Ieyy8I4S5Jo
Bellers, My take on it would be that while the GGP price is low the institutions have other shares to invest their money in that are increasing in value now, rather than have their money stay static for the next year. They will invest when the time is right for them.
As for whether the interviewer said Newmont or Newcrest, I don't give a flying fig - I was listening to what our CEO was saying.
Like Speedy, I'm off for a while. See you later, peeps. ATB:))
Could see the confidence and the excitement in SD's presentation. He knows that he's made the right move coming to head GGP. Anyone who was wavering must now filled with a similar confidence. He didn't attempt to sidetrack any of the questions and showed that everything is already being thought through.
Excellent
I wonder if it’s because it’s aim listed that there isn’t a rush from institutions? It’s a thought I keep having. The fundamentals are stunning. I wish I could find more money to throw in but I’m skint till months end.
5% = £700,000,000.00
Another confident performance and seems to be going from strength to strength each time. Good statement in regards to funding.
GLA
Ore through Telfer 2023
They don't like when you ask about director buys. Seen the question pop up and be deleted several times from different people.
Good point on calculating the FMV, as was mentioned earlier here.
I heard it that time. :D
Shaun sd Sandeep sd: 'the economics only get better from here.'
He's just said it again!!! "Newmont!"
GRRR.......
Mutton has gone and uttered the immortal words: "Was it your idea, or was it Newmont . . ."
Erm....This is 2018 calling . . .