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Lol I wrote sat nav, I meant sat imagery Freddie!
Liam is recording his interview today, Proactive perhaps were meant to release today after recording yesterday, I don't know as they reposted yesterday's again on YouTube, so that was odd or they just released again due to an RNS.
Still, this isn't highly confidential news in the RNS, in fact we get these interim quarterly updates via RNS because Newcrest only agreed to do them up to a certain point and then stopped releasing updates a while back about Hav akin to most majors lesser reporting on exploration and development where they share less info. Shaun said GGP would continue interim reports individually via RNS at the time.
Can't speak for Bamps, perhaps info. came from Stu on twitter who speaks to loads of crew members via social media or his own connections told him pumps were still running or someone else.
Others also manage to get info. lime that chap on the forum who seems to know loads about Telfer, way of the world, where you have folk working on these sites, always some info. to be gathered.
Don't know how you work that out Fred but whatever floats your boat. best think of some more conspiracies to worry about.
What is Accretive?
In both finance and in general lexicon, the term "accretive" is the adjective form of the word "accretion", which refers to gradual or incremental growth. For example, an acquisition deal may be deemed accretive for the absorbing company, if that deal contributes to an increase in earnings per share.
By definition, in corporate finance, accretive acquisitions of assets or businesses must ultimately add more value to a company, than the expenditures associated with the acquisition. This can be due to the fact that the newly-acquired assets in question are purchased at a discount to their perceived current market value, or if the assets are expected to grow, as a direct result of the transaction.
Ok dip , but bamps said he was told the pumps were still running , that was before pro active interview and the rns . , how did he know this that was my point
Freddie, Liam has had regularly quarterly reviews arranged with Shaun for ages now, the clue is in the title.
As for top secret info. being shared it is more folk making assumptions from sat nav and also following on social.media or building relationships with workers in the teams working on the sites - something anyone can do for themselves like most of the research shared.
Frigger it was a fantastic rns and great news but it should come before any interviews or leaks to mates . Sd should know this
So later today there will be a new aim on air interview , hmm when was that first arranged i wonder . There always seems to be info leaked a day or to before , funny that
Just careful language by Shaun in not intimating that a deal to purchase both assets is outright guaranteed to the market is all it is, he has taken this slant since the Newmont bid for Newcrest surfaced in mostly being very careful and reserved in his statements in regards to GGP strategy and potential outcomes on divestment by Newmont.
Agree about the strange language, particularly the phrase "significant option value." Is it possible to sell on a ROLR to a third party, maybe as part of a JV?
What is it they say, negotiation should be more like a dance than a fist fight.
I would agree, it’s confident language but respectful as well.
As Shaun has said many times we have a great relationship with Newmont, we don’t want to become arrogant during negotiations, never helpful.
I read it as, we’d like to buy it if the price is right.
GLA
Southern... Other entities also have the opportunity to buy Newmont's divested parts. However, GGP have last rights (if the company thinks its worth while).
It’s not strange at all, they are e potentially a buyer but the seller is in control so being respectful of their ownership and acknowledging what they offer (incase they decide to not sell later) is sensible and a nod to the fact you could be interested also makes sense.
“ Overall, we are confident there is currently significant option value in Greatland with Newmont's 70% interest in Havieron considered non-core and our existing last right of refusal on any sale.”
And the strange part,
" If an opportunity to consolidate ownership of Havieron were to arise"
Those two statements are at odds with each other.
Is there some doubt in the GGP board room as to whether NEM 70% will be available?
Why 'IF' an opportunity were to arise? I thought the opportunity had arisen the day NEM stated it would divest Havieron.