RE: GGP vs CNR10 Dec 2020 14:41
Totally agree tester. They are a one trick pony, they need Newcrest to toll mill their ore. They are over a barrel there. They are too far away from putting their own mine up and with it being underground, it will cost them a lot. So all they have is to toll mill to newcrest.
Toll is just one of our options. I know newcrest are already in a JV with GGP but I still think it'll be an interesting conversation over toll milling when the time comes.
Although they have shot up this year, at this moment in time, I definitely know where my money will be going.
I invested into avacta earlier this year, got out a month ago as I was in the process on moving house and needed the money for the deposit. The house fell through 2 weeks ago so I bought 40,000 more shares here beginning of last week. For the first time in a long time my timing has been good to me.
James