Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Look, what some of you lot don’t get- some do, but don’t say so - is there’s names on this board that have talked total rubbish, and have done throughout in an effort to stir up the rest. Still doing so.
They want your shares. Well, they don’t just now, do they. Crikey, you’d have had a holdings RNS by now anyway, lengthen of time that been going on.
It’s the shorters. If anybody was seriously shorting this you’d have something to track. Look at some others that are seriously shorted by professionals.
Paid shorting crews on here and the other sites. They have to have something to hang it on, and bang that, maybe in social media. Not happening. On the other site simply rather juvenile behaviour, personal insults. Not much persuasive structure there, either way.
And then there’s been Newcrest shorting it for a buyout - Biswas and then Sherry Duhe, sneaking around in a conspiracy with JP Morgan to do Day down. Suitcases full of cash, brown envelopes. JP Morgan supposed to be buying shares on the quiet, which would someday come to light.
It’s not scientific, but have some common sense. It rather smacks of a master story-teller, doesn’t it? And others got used to repeating it.
All that, and more, does no good. I ‘called it out’, because it does no good, when I was in. And was rounded on by some names.
‘Troops’? There ain’t any ‘troops’. More a gang of unfortunates on what they like to think of as the other so-called ‘battle line.’ It’s nonsense, and those that aren’t lined up no doubt see it. But not many, if any, tell them so.
I don’t hold with some of the negative posting here. But having been ‘called out’ for what I saw as common sense when I was in, I see no reason to stop now. That time will come. I’m not in league with anybody.
I, luckily, sold out with a small profit. In tranches, 10 - 9p, something around there.Some seemed to think it may have been a bad move.
I happen to believe the share price stands a real chance of doing well at some point after the fundraise, if there is one,and subject to operations proceeding satisfactorily.
I take the view there can be no more ‘appropriate time’ for an ASX listing for capital than now. Against that, I think a prospectus needs a FS to go with it, to best secure capital, as that FS should be approaching. It’s in the timing of that one.
I will leave it there today. You still fail to make any point relative to Ggp and funding. I take the view it is that matter that has caused the last of the drops. Shareholders at large.
There may be signs of a firming up around here.
The housing analogy is a good one, applying it where you can. You get the best deal on debt available. It may be an initial struggle, more so nowadays, and then pay back over time. Particularly with no income. And when you have some, you can start paying back.
I happen to believe 100% of everything may be too big for Greatland. To buy and service to FCF. A larger flat in the big house maybe what occurs.
MH.
Restated day after day is that this will fly on an RNS that Ggp has spent loadsamoney on acquisitions - when it doesn’t have it, or the additional required to bring 100% to actual mining and income, let alone to FCF. It’s a huge thing, if successful with the 100% and maybe Telfer as touted on here, compared with the market cap.
Now, I think it could be raised and form part of an RNS if a vote is not required - but at what cost to shareholders? What will it do to the share price? It’s a matter of regular balance for new investors and others considering it. Not just a matter for those who have vested interests.
But who knows? Will it all be a walk in the park? Or not quite as advertised.
I’m not ‘likely’ to buy. I might if I consider it if opportune and not before a funding RNS. There’s more to consider too, as things unfold and we maybe get updates. I might just let it pass. I got a lot of gold exposure through Newmont, and some PMs through another. So, you know, I just maybe miss out on one story I’m interested in.
I don’t think questioning where funding will come from and on what terms is scaremongering. Many on here are asking for it, without knowing what it means to them. The risk, not certainty, of it not helping the share price in the short term is obvious. Nomatter how accretive later. In my view, it is why the price is where it is.
I seem to recall Mr. Day reported as saying ‘we’ have the money. Certainly Ggp hasn’t. And raising it usually comes at a cost.
They sort it beforehand. Bookrunner sorts out the agreements, directors maybe take theirs, and RNS what they’re up to. And he wants Australian ii’s in for balance.If it happens.
It’s what they do. They won’t run a failure on funding.
Yes. It’s guessing. On guessing. The ASX. Off for an ‘appropriate time.’ I have difficulty in thinking of a more ‘appropriate time.’
As against that, the prospectus or info sheet alternative, something like that, might be viewed as wanting for a new listing without being more to date, to include the FS.