focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The obvious elephant in the room is the takeover, to happen or not ? ,nothing to do with dilution, newmont want hav ,as it’s almost ready to go , instant cash cow , so IMO ,if newmont acquire newcrest , we should be still ready to go ,why mothball instant money, this is business not silly buggers , it’s all about making money.
I just had to have a look at the SP on this dog ,I remember this around 20p years ago ,blimey what happened, no ,I don’t want to know, I hope there aren’t too many left in from those days, wow 98% down someone just posted .
I think the late RNS caught out the mms and didn’t give them time to whack the SP up ,now they’ll be in a quandary as which way they whack it ,up or down, if it’s down, see some serious sells ,but great news for GGP ,moving forward.
The only negative in newmont blackmailing GGP is their shareholders won’t be to happy mothballing a project that’s going to be oven ready, after the takeover , a take it or leave it low ball offer to GGP won’t work IMO.
This is a serious attack on the SP ,IMO, I think we are in for an imminent takeover offer. I see no other reason for this huge sell off , 10 p -11p low ball offer, as an opening bid ? , all guesswork, but give me another reason. I don’t think anybody is getting out , it’s all about strategy.
Well if someone has one ,put it on this thread ,but IMO ,someone is keeping the SP down due to the takeover bid of newcrest and the 70% , we all kept guessing last time and it was newcrest, trying to low ball us ,so now it looks like newmont ?
As someone said the decline normally comes last , but this is such a find ,who really needs a feasible study to mine , it’s get on with the decline on the possible biggest copper and gold mine in living memory, if I remember the quote .IMO
Some good buys coming in late today .