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New one up. New holes in far WSW and ENE corners. Watch her grow.
Paddy will spot the rest!
CB
SK
you missed the detailed discussion on RC the other day mate. if anyone can be stuffed reposting my detailed points that Arnie couldn't respond to them please feel free.
basically SK you cant compare apples and apples and wtf does "im not happy with $200oz regardless of grade and location"
what a stupid comment
CB
Yeah Paddy mate.
I don't tend to put "valuations" out but I note when something is undervalued.
Idiots who probably spreadbetting and are about to get the arses handed to them
Hav will be > 20Moz near an huge 22mpta plant. I know what its "worth" but lets see how close we get to that figure.
we can all whinge about how we got diddled over a beer in the Bahamas.
CB
nothing about industry, gold mining, exploration or how to value Havieron.
cheers
CB
dont care
you know noting about the industry, gold mining, exploration or
Not really mate, talking out of your arse.
cheers
CB
Gold is off 1%?
How is it battered?
Cheers
CB
Yeah too right Paddy.
Key is we are in the eye of the storm which means money coming our way!
CB
Fine to disagree mate but can i ask on what basis.
again not trying to bum anyone out but GGP own all the projects, buy GGP and you own all the projects.
Couldn't be a simpler statement of fact.
CB
Maybe, never say never but would need them to get Telfer Plant too?
Gunna be some moves by the majors soon for sure but where and on what?
CB
O/T
buy GGP and you own Scally and everything else 100%.
Cheers
CB
mate you are missing the point....business aint a bout fairness.
Doesn't mean we cant get 20p...just pointing out the open register means we cant demand it.
Key is the SP reflect the value better. if that happens then we in the game for a price reflecting fair value.
CB
Yep Jerry I think NCM would prefer approved deal but are they going to pay an extra $200m for the pleasure, no mate.
Still a great result for us shareholders so hard to complain really.
anyway lets get SP to 10p and then see what they offer as will be a % premium to SP. standard stuff.
CB
Jerry
Hostile when there are no major shareholders to win over is not hostile mate.
Its walking through an open door.
No one likes GGP more than me but you have to be realistic as no block shareholders means no hostility mate.
Cheers
CB
fellas
the GGP share reg is wide open. GGP dont have to agree to anything. sure NCM will prefer a director recommended offer but its not required.
10p offer and they own GGP tomorrow.s So lets hope the SP is 10p soon and they will bid 15p.
thats the reality fellas.
Cheers
CB
certainly does mate. Im all for everyone having success in the paterson!
cheers
CB
Dont get me wrong....great to see new drilling and some sniffs fellas but 75km away aint “next door”
CB
With what "$65m" mate??....where and at what price would they have got that money from? how much dilution wouldve been suffered to get that money.
And with what camp, what rigs, what airport and what plant would've it potentially gone through?
NCM took a risk and it paid off yes but you are talking rubbish.
value metrics have a huge number of variables on a per ounce basis. Grade/tonnes/incremental CF advantage/reserve replenishment and replacement etc...and no its not 20-25% of in-ground value they are paying for...who told you that?
Its the value of whats drilled, whats not drilled, other projects etc. Its a number NCM think they can get away with Arnie.
Thats how it works mate
CB
Apples aint Apples old mate
NCM still have to spend another $45m to get 70%
Maiden Inferred resource end Q2 on some of the deposit.
We also don't have to permit and build $2B mine and processing plant + town + airport + power station.
Cheers
CB
Totally different
NT shutdown due to high aboriginal population
Totally diff to WA