Very similar to sxx with this in as much as there is 40km to ship the ore. Rail line to install, conveyor ( overground) or truck it all. Messy and not cheap. All this cost must be taken into account. Maybe 30p a share but by the time all the shipping is deducted it could be 20p.
RE: Interesting new role at Newcrest21 Apr 2020 11:41
If you listen to the proactive chat they mention gold found on the surface at Scally. Maybe thats’s going to be opencast and they’re already negotiating on it.
RE: Buy out of Greatland by Newcrest19 Apr 2020 14:27
Another share I’m in was suspended from aim after a comment about takeovers. A specific price seems strange, especially 11p. I’m not sure what to think. :-(
RE: Buy out of Greatland by Newcrest19 Apr 2020 14:08
Well I’m shifting money into HL because if Mr Beetham is going to offload a significant amount of share then the sp may drop and present a bargain. Be a good time to top up. If he’s going to make money then we may as well join him.
I bought another 50,000 at 12:33 because the seed sales must be imminent! Almost certainly before the end of April for the growing season. I’m hoping something will be announced next week.
I think that we can safely take from this that greatland will explore and Newcrest will follow on and dig it out and refine into the future. If we hang on their coat tails we should be ok. It’s good to share.......my Mum told me.