Marmaris we all feel this pain but unfortunately all us meer mortals can do is wait it out! Just think of the gold as your reserve bank account and we probably have 6m Oz of the 20m Oz mre amount not a bad state of play. Anyway good luck
hi All I hope you are all well, I was thinking about Sandeep and his position! I believe some of the team Shaun has built have had links with newcrest. Now maybe just maybe they still have associates (friends) keeping in touch and Shaun possibly might know more about Sandeep’s position! Just a thought Good luck all and happy trading
On a 20m Oz mine 5% is the equivalent of 1m oz, so as it stands we have the equivalent of 6m oz @ $1800 is $10.8b Less costs and we have a mcap of £500m and this is just the tip of the iceberg! We also have many other licenses, so all in all comfortable
It’s all getting a bit tedious now21 Feb 2022 14:17
They are still trying to bore the shares out of your hands! Just keep your hands sticky, if none of us are selling the borrowed shares will run out soon and then watch zebedeeee bounce! Good luck all and remember the gold and copper have gone nowhere
Good morning All So let’s see how this week goes, they can’t have many more play’s left to prize those golden tickets from very sticky Pi’s hands. Shaun has also show his disgust of holding drill results back and the mre back. So makes for a interesting week! Good luck all and happy trading
Dip spot on , that’s why he will have to pay FMV for 5% and just using the modest brokers guestamits of $280m I can’t see any low ball offer coming our way. Can you imagine if Sandeep let this slip by (full control) his head would be put on a plate. Advantage Shaun! All in my opinion of course
Also if you think about this 5% Newcrest need this to have full control. So it would not be in there interest to not buy it even if it’s a bit more than they would like! Because if they refused to buy it for say £200m and tried to force us by starving of fund’s, I’m quite sure Shaun could sell the 5% to an institution for our side of the mining funding. All in my opinion and just kicking ideas around
Also makes you wonder about that fundraise out of blue! It makes sense now,with Sandeep riding roughshod over people. It’s good to see Shaun having the foresight and balls to do this, also sorting out potential bank funding at an early stage. He must have known this was coming. Good luck all and well done Shaun
I suppose what I’m trying to say is we would rather see it closer to it’s true value than rather being screwed to the ground. Then it will make for a happier board:)))
I know people keep saying they are only paper losses and you only down if you sell! But in another context if your house is worth 400k and an estate agent Comes round and says it’s worth 200k! You don’t say oh well I’m not selling anyway, you go F off mate don’t be a prat . All in good fun :) Good luck all and happy trading
Like I said earlier to try to knock a $100m of the valuation is the equivalent of 20m Oz at $5 an Oz , is it worth it especially with all the jv’s going on , also since the declaration of purchase POG has gone up to around $100. Don’t make sense