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This is the question!
In or Out
Down to yourself, there can be as much speculation as you like Pro’s and Con’s the bottom line is , what deal Shaun can thrash out with Newmont!
All the best Ben
I believe the board at the moment has a lot more on their minds!
The news everyone is waiting for is the conclusion of HAV/Telfer deal!
Pretty much Nothing else will move this !
All in my opinion of course
If there is an appetite for it there may be no need!
All depends!
Don’t you think this has been suppressed enough!
All the best Ben
Good afternoon All
Interesting that Aim999 or whoever he is saying if we have to do a raise it will be heavily discounted!
Interesting article in the Australian about Spartan resources just doing that $80m at a 11% discount, this was for drilling campaign!
The market was surprised by how much interest was shown considering they nearly went under recently and they are not considered a Tier1 company, but it went smoothly!
They say it’s mainly due to so few fund raises recently on the Asx, so there is a big appetite for it!
So for me if we did need to do a raise for the purchase of HAV/Telfer I do not see it needs to be at a discount!
Just my thoughts
All the best Ben
Evening All I hope you are all well!
Let’s have a look at the scenario’s
Tasmania didn’t suit us, so we offloaded it! Could have been a good or bad we will find out later.
But at this time in Shaun’s view it’s of no use to us!
HAV/ Telfer is the same for Newmont, so if we can get a steal on this, then the sp can go anywhere!
Who knows what is out there and what has yet to reveal itself, elephant country they say!
So get ready, we know what we have ish, we know there is risk, we also know there could be a hell of a lot more!
All the best Ben 🦘
A hastily done deal is not normally a good deal, time is on our side!
Just my opinion
All the best Ben
Let’s all not forget what Shaun said when he first took over!
‘It’s very rare to be in the right place at the right time and we have this with HAV.
A mine coming to a end and another one about to start’
That’s what’s Ggp is about and for Shaun it has got even better Newmont want to offload.😊😊😊😊😊😊😊🍾
Hi Ace
Yeah I’m not sure what pottersfield is offering but he has a fascination with prince Andrew!
From what I can work out he is a school teacher, left wing and probably a republican!
Amazing how many teachers are left wing communists, until it comes to pay increases ( capitalism shows through then)
All the best Ben 🦘🥂🍺
Good afternoon All I hope you are well!
Now we can see why negotiations may take time and time is on our side!
Imagine what other things are in the background ( that we the pi’s don’t know about).
I am hoping for a great deal ( they can pay us to take the lot😊)
But my glass is always half full!
All the best Ben 👍
Hi MH01
I have took a picture of the article and sent it to rotherby by email, i was reading the newspaper so I’m not sure I can cut and paste!
I don’t want people to think I’m scaremongering, it’s the opposite Shaun has a hard on for this deal, others might look at this with a different view!
Just because a car has a flat tyre it doesn’t mean it doesn’t work!
Anyway I have broken my hand , I think scan on Thursday!
😂
All the best Ben
Good afternoon All
According to The Australian newspaper article Margin Calls!
The sale of Telfer has not going well for Newmont, after Telfer was out of action for 8 weeks earlier this year after workers spotted sinkholes in the tailing facilities.
Heavy weather up in the remote north has caused a second stoppage, all at a time when they are showing Regis resources, Ggp and even though denied by Northern Star. Resources but widely rumoured around the facilities!
That should knock a few more million off!
All the best Ben
It’s getting a bit messy out there!
Let’s see where it ends!
All the best Ben
Come on chaps this is what we have been begging for from the beginning! ( especially the board)
A chance at 100% HAV and if we want Telfer!
Give the board a chance to put out what they are going to do before slating them!
You never know you might like it!
Oh and by the way I am a happy 👏
All the best Ben
Evening All
Woodie woodie mine is worth a read about because of the transportation and who is backing the company!
They are only next door and if company’s like that are floating around, we should see some sort of interest!
I don’t know why the thread was taken down ,I wasn’t upset with it!
All the best Ben
Hi Rotherby
If a deal is done or not done, I would imagine a Rns would come late afternoon to coincide with the American market!
Just my guess!
All the best Ben
Just been reading about this mine a massive magnesium mine not too far away from Telfer!
Has its own air strip and village, surprise surprise I think it gets exported straight to China!😊
Hi TT and just to think they were very excited about HAV when it was $1800!
What must they be like now 30% difference
Good afternoon All I hope you are all well a nice 20 degrees here in strath creek!
Another week has passed, it would be very interesting how far the negotiations have gotten!
Oh to be a fly on the wall in that office!
All the best Ben 🦘🍺
Hi maninpink
I am in Australia at the moment but I have noticed a lot more attention towards the tradesmen, ( more people trying to get you to work for them) !
Site agent wise , they have upset so many it scares me!
But hey they reap what sow!
All the best and let the trades stick together!
Ben
But culpepper if this falls flat where would they get their lost earnings from?
I am sure they are here for a better reason than gamble on a AIM junior miner!
For starters they got the MRE 2 out and boost the price of the 5%!
Secondly I think they all had a part in organising the finance to mine and thirdly they in themselves being on the board have given Ggp the respect of the Newmont board that Ggp deserve!
All in my opinion of course