Member Info for Cobrakai1

Sibloggs, don't appreciate you plugging furniture sales on this board, although what sort of discounts are we talking as deal of the century sounds mouthwatering on a decent leather 3 piece.....

Nice find applegarth, is it possible the nuggets are coming from the sky as well as from below ground, such is the extent of Havieron?

There are some knowledgeable posters on this board but the arrogance and self-importance is also quite breathtaking.....also a good few I wouldn't want to be stuck next to at a dinner party!!

Tig, if it plays out that way then it will be flippin marvellous.....

Thanks, I promise to read up on dividends if you promise to stop taking up half the page with your posts, apart from the ones to me of course ;)

P.S. I'm not quite following why the share price would leap to the Hav buyout price? Surely the market would reflect the fact that Hav will no longer be an asset from point of announcement?

TMY, thanks for that scenario and definitely food for thought in there....next question then is would the special div fall under the isa umbrella if ggp.shares are owned through an isa? Not asking you to answer that specifically but just wondering if anyone knows. Thanks again for the input.

SoS, that's the answer I was hoping for, the glorious win-win scenario. Come on GH, some of us have been waiting around for weeks ffs :p

Thanks for the reply Tig. I think the directors having skin in the game and their general ethos could be the key difference here....other AIM bods would just sell the asset and wouldn't give a monkeys what impact that has on the share price. I'm still to be convinced that what you've explained will stop the share price dropping but I have a feeling there may be one or two more surprises or developments before then which might mitigate the issue...fingers crossed anyway!

I'm enjoying reading this board and there are some great posters here...when you post questions as a newbie though there can be a tendency to get defensive on these boards. Therefore I'll rephrase the question as simply and politely as I can.....if we sell Hav and receive a special dividend of 5-10p then that's great news, however, what's to stop our existing shares dropping by 12p if there's no proven asset to replace Hav? I appreciate all the work that's been put in by excellent PIs on here but it's unlikely the markets will recognise that. I'll be ecstatic if there's a win-win scenario but I'm failing to see it so far....

Tig, all due respect but I've fallen foul of bb speculation and research before, much of it as high-quality as here. The problem is it can prove meaningless when the actual facts or decisions emerge. I'm trying to ascertain the potential gain for shareholders vs the reality of a share price that will drop dramatically without a second proven asset...and by proven I mean proven by cold, hard company stats. I'm all for short term gains but I'd like to know what they may be (you've provided an estimate and that's appreciated) and would also like to understand how in the immediate aftermath our share price won't be decimated without another proven asset in the running. If it's taken Hav this log to get us here then how long before the share price would rebuild itself again?

We're all here for the same thing but I would like to understand how my holding won't fall off a cliff edge if we sell Hav before proving other assets?

Not sure I follow you lseo395, I don't want a delayed payday either, newbie or not. Are you referring to the special dividend as the payday you've been waiting for? If so then it might help to have some speculation around what amounts we could be talking about in terms of shareholder return. Also curious about how you view the value of your shareholding post-sale of Hav? Genuine questions as I'm trying to understand the logic....

Ha, good call noalcohol and I'm with you there! On that note, time for some fresh air....

Agree Corradus and the scenario outlined by The_Chain sounds like the most commercially prudent from the perspective of a newcomer. As I said, happy to be corrected if I'm missing something but divesting what is currently your only proven asset (and a monster at that) just doesn't seem to make sense at this stage when all significant share price gains so far have been down to that asset. Like you say, if and when SW or others are proven then it may be a different story....

Just thinking it over more......forgive me if I'm not seeing the wood for the trees but why are so many LTHs so keen on a an imminent Hav-only buyout? It's been quoted as potentially the biggest discovery in recent history and has single-handedly got the share price to where it is today, so surely removing it before other assets are proven would be commercial suicide?? Happy to be corrected if I'm missing something and great if we receive a special div in the process, however, we would then be left holding the baby while the share price reverts to pre-Hav days?! Only the thoughts of a newbie on this share so happy to be enlightened but that's my take on it as things stand.....

Continuing current JV split on Hav certainly seems like the most sensible short-term option for GGP from what I've read so far (with the exception of a full buyout at a favourable level). A Hav-only buyout before other assets have been proven would seem to leave us too exposed....worst case scenario we would go from hottest share on the block to the new teflon share if the other sites end up dusters; unlikely but risk weighting behind company decisions would have to take that possibility into account. Not sure what others think but Hav's impact on SP looks like a better return for shareholders than a special div, although I'll admit I don't know enough about special divs to say that definitively.

There is also the possibility of course that GH pulls some kind of unexpected rabbit out of the hat, which from what I'm learning of him isn't out of the question!

I did a bed & isa with Barclays a few days ago.....quoted spread costs were high so they sent it to the dealing team to process manually. They managed to bring costs right down so overall very happy with the transaction, even though I still don't like UI of their current platform.

Coordinated groups can use holdings information disclosed on these boards to help determine where to focus manipulation attempts. Given also how many crooked BODs there are on AIM, it's sometimes the companies themselves who use this info to help build rumour mills. I'm sure if you thought about it hard enough, you'd realise that the info can be used for more sinister purposes than it can for innocent purposes....hydrogen had no apparent agenda it seems but I believe it was a mistake inviting answers on a public forum. Only my opinion though and as there will inevitably be those who tell porky pies, hopefully the info is of little use to anyone.

The title of the article says it all. If someone invested £175k before it went up 600% then the answer, quite simply, is yes.....who comes up with these things?! Goons.

Greenfish, if you're going to make pathetic jokes about the people whose land we're r*ping then at least learn how to spell.....