Member Info for antigua18

Bamps, although we disagree on things from time to time, I always value your opinion. You have strong views and spend hours crunching the numbers for all our benefit.
I wouldn’t waste my time responding to those who make personal digs at you, life’s to short and they know it rattles your cage.

Bamps, not sure if your referring to those that make personal digs at you or anyone with anyone with a differing view to yourself?

At some point the company needs to stand on its own two feet rather than keep diluting especially when pi’s don’t get much of a chance to participate.
All any of us want is a rising share price, yet for all the milestones and good news it’s met with the opposite. Which leads to people such as myself asking questions.

CP, I hope I did misunderstand him as I don’t want any further dilution. I can accept the pie getting bigger but don’t want our slice to get smaller.

Agreed Matty, GGP were happy to be UK based to access funding but now see the future as ASX with the big boys. Are we growing to quickly and leaving our loyal investor base behind.
At least if we had a rising share price we could then decide when to cut and run, rather than it being on its a-r-s-e

Sandgrounded, it may well be true, even if its not something doesn’t seem right. Everything being delayed plays to your theory and causes our share price to stagnate.
I also have little trust left in NCM.

My personal thought is we need to do our own resource now, especially as Newmont will be able to check out Hav and it’s a given NCM will be singing its praises behind the scene while refusing to release to the public until much later in the year. This is unacceptable in my view.

I’m starting to get a niggle about our direction. Listening to SD’s recent interview I’m more than a little downbeat about the talk of cross listing and him mentioning potential public offering. To my mind this is a red flag as it undoubtedly means considerable dilution, presumably for future funding from our backers. The loyal Pi’s are being pushed aside and will have a decreasing importance and could be irrelevant in deciding the direction going forward.

Also I have to agree with Sandgrounded that we need to put ourselves first and put out a resource upgrade ASAP to underpin our price. We are NCM partners and should not be walked all over!

Indeed, they are willing to allow an improved offer by allowing Newmont to look atlimited access to information not known to the public.

It all sounds a bit disingenuous on HL’s part, if they don’t allow you to hold dollars then why charge the 1% for something that’s free to elect from the company. Question is, do they instruct all Divi’s to be paid in Stirling anyway and bill their customer for a service they don’t do.
It could also be misinterpreted by the HL employee that they are just relaying what their terms say when dealing with foreign companies, especially as some of you haven’t noticed any deductions.
Suppose I will have my answer with my first dividend.

Thanks Jim. My shares are held in a SIPP, so hopefully no tax after filling the W8 form assuming everything goes ok.
The HL currency charge is small so no probs and presumably makes things easier if I add more shares to other accounts in the future.
It’s the first share I’ve bought that operates exclusively in a different country and will look at others now I’ve taken the leap.

Hi, I’ve just bought my first shares in DEC and need some advice on divi currency conversion. I note from the website that I can contact computershare and give them my instruction but didn’t know if that’s possible with shares held in nominee accounts. Therefore I emailed my broker HL and they said they do it automatically for 1% commission. Just wondered what other people have done and if HL are trying it on?

Thanks in advance and apologies if it’s been asked many times before.

Yes I think Sd realises how important we are at present, after all if we sell on first offer then his dreams for the company are over. He put lots of effort into keeping us informed with all his interviews. I suppose going forward the downside to us taking on all of Hav and Telfer (assuming it’s an option) is to lose the personal touch from him given the inevitable changes to the share register that that would bring.
I always expected and used look forward to GGP being taken out for a good pice and it’s ironic that SD’s success has meant it’s much less likely.

I first bought early January 2018. I was on a free carry having sold 25% at 36p, unfortunately greed got the better of me and I put some of that money back in at 18p thinking it was at its low, got that one wrong!
It’s interesting to see so many having bought at a similar time and proof we are stuck like limpets to a rock.

You beat me to it Mark

If the little fish has a big brother looking out for him, with big teeth, then it may well take a bite out of the big fish given the chance.

Something that sprung to my mind is why did SD changed his mind about bringing out our own resource upgrade if NCM didn’t. He literally changed his mind in a couple of months which is strange, since the upgrade would be material to our share price. What could possibly be a reason for holding back such an upgrade.lol
Could it be discussions have been going on prior to the NCM takeover talk. Add to that the new additions to GGP. Are we gearing up for something bigger than we ever dreamed of.

I would be very surprised if SD and team hadn’t already approached NCM with some sort of offer for their share. It’s not like he hasn’t surprised us before with his dealing. Particularly in light of no new resource update from NCM. Strike while the iron hot and they (NCM) are distracted and on the Blackfoot. Any buyout price could then be used to bribe its shareholders or just to strengthen the balance sheet. It’s not like their shareholders view Hav in high regard in the scheme if things. Especially with SB playing it down for so long.

Although initially worried by the idea of a NCM sale I’m now salivating at the prospect, given the many different scenarios that could play out. Listening to Callum’s interview helps to sweep away any concerns and helps calm the mind. He’s a top class fella that knows his onions. Also credit to Liam for sorting.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02628246-3A612061?access_token=83ff96335c2d45a094df02a206a39ff4