Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Praty- sorry to see you go. In for the long haul here. The gold is there and the resource still going. GGP's MD Shaun Day is a finance guy. With a strong team on the board you can understand his glee that we have a secure stake of 30% in Havieron. Completely understand you taking your capital out. Good luck for the future. Best wishes. GLA
Thanks Dip. So if NCM had bought the 5% it would have increased the value of Havieron, by declining they are sticking two fingers up at the GGP independent valuation raising the likelihood of a takeover from NCM which completely ignores GGP's valuation. Hardball stuff from our joint venture 'partners'.
Hi Speedy- the offer coming under the Takeover Code, when a buyer acquires “control” of a target company it must make a cash offer to all shareholders offering to acquire their shares at the highest price paid in the last 12 months.
I don't have the highest SP during past 12 months to hand but I have been thinking that NCM have been controlling the SP.
I'm back in if it goes into single figures.
@MrEMC2 I take it you are trading this share? Have you got a stake in for the long term? I'm in for the next 20 years and am looking forward to the debt-free production phase in 18 months time. Good luck with your investment mate.
Having watched the LSE interview there is only one way for GGP and that is to grow and mine Havieron for the long term. Why would anyone contemplate selling a prize asset that is still unproven in depth and breadth? This is a great time to be in GGP. Personally I want to be in for the next 20 years but everyone has there own road map. GLA!
I would be interested in joining the new group. I have always believed that the more a share is bashed the more upside there is to come when the fun and games subside. 5% key here to end the charades. One party wants to keep SP low. Other party want fair honest share price.
"...over the next 12 months, there is tremendous potential to further expand the Havieron resource and unlock the true scale and value of the broader system,” SD said. Says it all really. Mind blowing.