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Take-over talk coming from?
I won’t get too excited just yet then!
As a GGP man and having full faith in our company and also Newcrest, I ask with the greatest respect :-
Maybe a silly question but with all this T/O talk and 20/25pps, but how can we be talking about this when we are still drilling and looking for the edge and dept results ! we haven't even had the latest drilling results yet or if we have in fact reached the edge or step outs. or in fact any further drilling results to date.
Is it fair to suggest we wait until the cost is cleared before speculating on the unknown as ATM nobody know's. I am with everyone on our great progress but are we not jumping the gun with all this speculation.
Please do not take my question in the wrong context as its a concern that's all.
Just a thought :-)
OT hi,
Yes I see where you are coming from and agree, but that does not answer the question.
ATB
Tom :-)))
I should add that I would love to see a 20/25pps and any good news to boot but I am looking at it in what we have now on the table not what we may have.
Because it will be seen as hostile,it will mean tearing up the Jv and be poor for their reputation old,lastly why? They will own 70% when they finish the farm in and the MRE,then we can have a buy out NOT BEFORE! Arghhggggggghgg
Why do people think firstly that NC are going to try and screw us,and secondly that GGP would accept a random valuation early for what could be the biggest find in decades!
There won’t be a takeover or any offer before MRE! Mark my words! But no doubt the board will keep harping in about it in their attempt to Ramp or out of boredom!
Lastly I am sure anyone can see here that in that very very remote possibility ,WE and GGP get screwed,so why even entertain the thought! We have searched for years to find HAV and have a very clear contract spelling out how it works! We arnt selling early or in the cheap! It’s just not happening as you would have to be brain dead to go for it!even if it’s a huge offer before knowing the extent of the resource.
GLA
If you were a considerable shareholder in Newcrest and hold nothing in GGP, would you be happy in Newcrest making a buyout offer on something that is not totally known ?
Tom E
Have a word with yourself....this is a board where shareholders can voice their thoughts as they have hard earned money in the company. Are you suggesting we should not use the forum and stay silent rather than trying to make an intellectual case of whats going to happen?..
Its part of the fun for goodness sake.
big - How do you know they don't know? I suspect Biswas and co have a pretty good idea what's down below.
Actually, it would be interesting to know what they would bid simply as an indicator as to what was deemed in the ground.
What would you start at? 10p/20p per share? And what would it say if GGP rejected the offer? That there is a lot more known to GGP than we are currently aware? Fascinating conjecture really.
You know what I mean old! It will be seen as hostile by the industry,it’s not the way things are done,you don’t sign a jv and then when early signs are it’s what you want,bully your JV partner into an early deal.thats hostile,and certainly not how I’ve ever seen NC do business.
I thought you were a holder? Why are you on about early takeovers ?if there were one(and there won’t be) do you not see how that’s a bad situation for GGP? Patience is all we need,after MRE,things could move,before,I’m saying categorically not. But as always that’s just my opinion fwiw
Schemiel, how do you know that Biswas knows ?
I choose to believe it. Simple, like me
Fantastic.....
"Drill results nothing like anything we (NEWCREST) have seen before .. Top Priority
Surely this amounts to share price senistive information !!!
Not that I give a flyin monkeys gold toe !!!
The news release from Newcrest this morning was issued as price sensitive by ASX
I fully understand that Schlemiel... but I doubt it was just as directly upbeat...
Haven't time to look at it....... need to head out ! Cheers Rup