We would love to hear your thoughts about our site and services, please take our survey 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.
Nice to see a rise (so far đ.....)on the back of news update......welcome reaction for a change, maybe a sign to the return of the good old days.....
It has been long time waiting âď¸
GLA.
So this is the book not market value such as the Grant Samuels valuation ranges against various outcomes and scenarios for the assets.
Perhaps Newmont will be happy to negotiate a value that delivers above book value which will appease their shareholders and be easier if LROR keeps competing bids off the table for GGP.
Their Price Discovery Phase has been implemented to assess potential market value of the assets in current market and will shape negotiations. Going to be really interesting to see what the final price agreed is
Https://www.proactiveinvestors.co.uk/companies/news/1046425/greatland-gold-strongly-positioned-to-buy-havieron-back-if-newmont-sells-1046425.html
With very strong gold prices the shares are an absolute steal.
The share price could easily multi bag from here. A solid entry point and the price of gold isnât coming down anytime soon.
Yes. like the old days BUT the price is still very low!
The future looks bright,
Yellowstuff
On a positive note Clive - your remaining shares just went up 7% and you have a holiday to look forward to.
ATB
" intrigued as to why Newmont want to offload their 70% interest if Havieron is such a glittering asset"
I think this has been well documented - the current scale of Havieron doesn't fit in with Newmont's global assets, it doesn't mean that it's not valuable.
It simply does not fit their own criteria as they look at their portfolio today.
They will obviously wish to offload development costs for the 70%, alongside Telfer. The âpauseâ in decline may be opportune.
What the Doctor has ordered, a large spike UP , some profit taking and UP again to the same price spread as earlier and high of the day
Positive RNS but intrigued as to why Newmont want to offload their 70% interest if Havieron is such a glittering asset, and they are still funding the continuing mine development.
Held 1.1 million since 2017. Sold 200,000 yesterday to pay for our holiday RNS next day up now 9%.oh well.
Hi All. Great RNS and the markets reaction has broken the "good news lower SP" What is evident is the lack of big sells this morning.
Wording of these RNSs are very diplomatic and at times hard to really get to grips with the meaning. What the wording does suggest is that the negotiations to buy back the farm as not as far progressed as many think. Having said that negotiations can come to a conclusion very rapidly with a willing seller and willing buyer. When that news hits saying the farm has been bought back in an accretive manner i fully expect the shorts to try and close and the SP should go parabolic. ATB Speedy
9% - Its like the old days...!
And POG has increased by $500 per oz since then as well
If you wait for the purchase RNS you can add another 0
After the large trades the shares are now MOTORING to 6 v 6.20p
Volume of 11.3 millions
Indeed Matty! What's more, with that massive 50% increase in annual throughput, the PFS also stated that, based on samples," metallurgical recoveries for gold are anticipated to average approximately 88% and recoveries of copper are expected to average approximately 84% throughout the life of the project."
Heading towards +10%
Thats a 'win' 'win' update lads
Completion of the debt facilities and Wyloo Placement will enable Greatland to be fully funded for its 30 per cent share of the Havieron project development based upon the October 2021 2Mtpa Pre-Feasibility Study; and well positioned to be fully funded in respect of the Feasibility Study targeting an expansion to around 3Mtpa due in the December 2022 quarter
After plenty of buying at full offer the bid went UP further to 5.70p, a very narrow spread now 5.70 v 5.80p, still paying the full offer.
''The Feasibility Study is examining an expanded throughput rate of 3 million tonnes per annum (Mtpa) compared to the 2Mtpa scenario modelled in the Pre-Feasibility Study completed in October 2021''.
đđđ
My assumption yesterday from Shaunâs interview was that the additional ponds werenât needed but todayâs news says they will be installed when required.
Before the September Town hall the published water estimates were deemed to be on the low. When I mentioned this to Shaun he told me the opposite, which threw me a bit as I wasnât expecting any issue.
From todayâs news my assumptions are now that the volumes are above average ( as the new ponds are needed) but the flow rates and pressures are lower. This means the ponds will take longer to fill and are manageable so there will be no problem with the Decline advancement. Itâs still a very strong rock structure so good for advance rates.
Strudel agrees with Hopefullygold this morning that his âpumpsâ were drilling legacies. The photos arenât clear enough to know precisely but they were definitely not pumping from there. They are however on the proposed borefield, so may be kept for future pumping and not filled in and capped off like the rest.
The big question is now â will they start the Decline or wait till the sale process is completeâ
How to say we are going mining without actually saying it.
I believe the opportunity has arose donât you?? đ