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I don't think Costa is confused. I think he was trying to cause confusion.
No such luck
Panama yes my understanding, so could be much more. If GGP sell 5% against a 10moz conservative estimate then they should be accepting an offer North of £200 million? My maths is awful btw :)
San
Sanboy my understanding is that the 3 p per m oz is related specifically to the high grade zone. Therefore yes if there is 10 m oz of Hgz gold
Just noticed this thread. Costa i think you may be confused with regard to 2.5moz and the broker note valuation. Our SP value is 3p on each moz, so if MRE declares a conservative estimate of 10moz then our share would be worth 30p not 30% of 10moz. Hopefully that makes sense. Newcrest would have to offer GGP £1 Billion +
Sorry to bring up an old thread but just to clarify for newbies. I am obviously happy to be corrected if i have got this wrong
San
@Costa your posts clearly show you don’t have a clue what’s going on. Perhaps do some research and then come back with some proper questions.
Its a tolling process, so there is that revenue as well. it will start small, 2-5moz but it will grow if these figures are to be believed. (no reason not to).
You are right, we could go next door, but their best sales pitch was, we are next door to one the biggest finds in a very long time. Which just so happens to contain three major sites of interest. E45/4701 is exactly where I want my money to be invested.
Costa....? You 'avin' a lauff...! Move from GGP with the PRIME REAL ESTATE to our neighbours who only have the best VIEW of Havieron....??? You definitely not a real estate broker, mate.
Guess you must know where the filter button is...... ByeBye
You are getting to emotionally attached to this share , I think GGP would be happy with 10Moz but they will be left with
25-30% , just trying to keep it real.
Stick to coffee...
They are like Kamikaze pilots aren't they? One or two fly in each day, get shot to pieces and disappear, only to be replaced by one or two more the next day. Sigh.
Costa bye simple as
Sorry i don,t mean to upset any loyal GGP holders , but you have to keep a bit of realism here, as to the outcome value, etc.
NCM are going to be the only buyer,they will want it cheap. You might be better moving over to ARV next door at $0.056 a share.
Hydrogen.. I think costa is starting to panic..At least thats how I think he is coming across..Time and a lot of patience is needed here..Rome wasn't built in a day
Costa55 - is the point of you posting here to rubbish GGP in the hope that people will move to SOLG instead? I can't see why you would be posting in this manner otherwise. Care to enlighten?
Costa..I think In the longer term that figure will multiply so I don't really think anyone can say
Ok their not miners ,so how much will NCM pay for their 2.5Moz in the ground poss £300m
trucky - better still - 70% not 75% for the $65 million.
Sorry I ment 70%
Costa, what development costs?
GGP aren't miners...............
If only my wife talked this way.....
It's music to my ears and I've heard it before, but to hear it again....
Costa..why do you keep asking about drilling..GGP are explorer's and not miner's..GH doesn't really want to mine but said If It was best for share holders then they would..NCM paid 65mil for 75% but don't forget they took the risk and its paid off so I think its a win win for both companies..Both get on really well and I think will do so in the future..NCM do the drilling and GGP do the exploration
So that leaves GGP with 2.5 Moz and mine devel cost $500m.
How much is 2.5Moz wotrh in the ground ..?????
Deffo buys Spratt...and deffo dodgy, but I get the distinct feeling that the 12p mould has been broken and the late pm trading might just signal the start of the pre-quarterly rise.
Merc might still get his 15p by Thursday eh?
: )
So GGP has given 75% of 10moz poss at Hav for 64m is that right.??
Both buys as it was not possible to sell at those prices and quantity today.
Also price to sell was 12.165P seconds before close how did we get 12p??? Very dodgy