Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I note, by the way, nobody responds to questions about dewatering and decline restart. My understanding, as reported from Town Hall, is ‘it was always going to be second half’.
Those there can confirm or deny.
Be fair. They couldnt foresee the current potential events looking down a hole.
There’s more excitement to come if Ggp do load with debt and issue extra shares , in Mr. Day’s bid to become King of the Paterson. But it will secure the future of the project. Accretion as they say, to come sometime in the future.
Https://www.insightdiy.co.uk/news/wickes-announces-new-magic-radio-partnership/13563.htm
Taking advantages to promote, increase market share. We’ll still wait on housing turnover and wider economy though.
Iceland no trades showing. In line with this.
I will come back on that, just because it’s you in name.
I changed my name years ago. Kit change. I mentioned it on the board.
You will have raked back through, looking for something. If you had any evidence of untruth. You would publish.
You are full of innuendo - no substance when asked to provide facts to which you allude, or when asked to give a view of what’s happening now, as you see it.
So go on. Whilst it’s fresh. Tell everyone the lies in my last, whilst it’s fresh in the mind. Or comment on the content.
Mr. Day says good progress is being made with the listing authorities towards an ‘appropriate time’. I think there remains at least a possibility it could coincide with an ASX listing, and if so whatever is required to satisfy listing requirements, perhaps consolidation/waiver.
Shareholders at large aren’t daft and are making their own determinations. Can’t talk for them, but I’m considering not so much what a fundraise might achieve, we know the generalisation of that, but more the possible effect of the terms of it on the share price. I am obliged to stress that’s my own view only and also why I believe the price is where it is, perhaps firming up, and bobbling about as interested parties ( keeping it general to avoid offending shorting theorists ) make their own decisions. Small share-price movements latterly showing mixed views, as buying and selling occurs.
I agree with comments on stop/losses, on volatile shares/those run up and down to make a market, and in doing so get their profit on the spread, whatever the price. And there are otherwise articles on the ‘tricks of the trade.’
Before I go today, on Ace’s (1400 6th) jibe I can tell you that’s the product of an over-active imagination/sense of humour, garnishing happy favour with the ‘names’ who marked it up. 10p by Friday! ( as he is wont to post - in jest at the moment )
Thanks for the mention yesterday, Ntl1 and tesa. Ntl 101 - see you at space cadets, and tesa - consider your over-descriptive language and misrepresentation of others before posting. It does whatever your case may be, presumably as a Ggp investor, no good.
In response to and because of that I have posted today - let sleeping dogs lie, comes to mind - so in view of the comments I have repeated my above allegedly unacceptable views, with some addition, for context - around shorter term anticipated events. Previously dismissed but maybe not by all readers as ‘scaremongering’ and ‘bull….’.
By all means have the last word on issues arising . I strongly suggest that be in the moderate language used by most on here and as I have chosen to do. I have no current intention of saying more on this.
Good luck. It maybe a longer hold than originally anticipated but turn out reasonably well.
It may be wise for existing shareholders to consider having additional cash available in the event of a fundraise to secure Mr. Day’s personally expressed objectives, when things become clearer by RNS from the company entity itself to the market.
Should there be an equity component ( it’s hard, for me anyway, to see there won’t be in the event of a significant raise) and Mr. Day sticks to his inferences at Town Halls to pi shareholders, there might be the opportunity of a fair open offer/rights issue, on a pro-rata basis, time permitting, as may be indicated to Newmont during negotiation as part of the conversation around ability to complete. I make no guess at what the price might be, if a raise includes equity. Nor do I comment on the effect of any dilution, if it occurs. CLNs may be part of a way to go.
Whatever happens on any financial arrangements around Telfer/Havieron, it will be intended that expenditure is future-accretive ( improving earnings per share ) in a major way relative to the existing set-up. When Havieron reaches commercial production and can then take advantage of the gold ( and don’t forget the copper) price.
Having regard to the last of development fundraises, which left Greatland as ‘well-positioned to be fully funded’ for 30% at 3mtpa https://www.lse.co.uk/rns/GGP/funding-secured-for-development-of-havieron-3ogqqb4msapcp02.html any further bank debt arrangement would seem to require at least some equity support, with Wyloo having provided that last time, without Greatland calling on the market, though it was referred to shareholders.
I’m bandying no more views, or facts, with you Jooby. But I do have a pornographic memory.
Show us all the ‘facts’ of the shorts. But of course you are free to conjecture. And do it on here. Perhaps you will enlighten everyone on what you believe to be happening?
For pi’s the value of whatever is in the price you sell for, come what may, whatever.
Good weekend to one and all.
Good day to one and all
Speedie. Thanks.
I don’t think I’m naive. As you say, it’s in the price.
I have my gold money for good or bad now in associated Newmont. Well-capitalised and loads of producing gold. We shall see.
This was always more of a punt. Squeaked out of it.
I think it’s time will come.