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You respond reasonably. It is the way on these chat boards to denigrate those more cautious.
However you are wrong about me. I think Ggp existing shareholders may have some pain, before subsequent gain.
I take no risk as things are. It is a legitimate position to take, and to express.
Good luck to you.
It seems to me that the definitive feasibility study, encompassing these discussions, will be required to unlock the decisions that are required to be made, particularly any external funding. At the stage they’re at, I can imagine Ggp are pushing for it as soon as practicable. I can see no sensible reason why Newmont would wish other than to get it out there.
If you’re using De Grey as a model, anybody had a stab at how many shares Greatland would need to issue to satisfy the equity component of a raise to buy 70% Hav, Telfer, and take 100% through to production? The scenario touted on here. Ggp market cap about £306m.
Trippy?
I mean, it’s so selective on here. I’m not particularly swayed by pundits, but those money of mine people found fit to mention ‘a billion plus IPO’, as the yobby one put it.
Course, nobody much on here would want to go along with that.
High and mighty? A fundraise you’re all praying for. Don’t be daft? On what the market knows just now, delays, money and the terms of it, is Mr. Day’s biggest challenge. But it’s his job to sort that - and tell us later. I’m wary of it. I think the price tells you others are too. It’ll likely go on after, at some stage.
That’s your own little narrative Jooby. Make it up as you go along. What I always thought made you look numpty. Some others the same.
Never been any secret in my position. I was in, then I was out. Stuck what I had here, little bit more than I put in, in Newmont. Pulled £10k out. In the bank, and still giving Newmont a run. Up and down with gold. Do my best with that. Might go in here again. Might not.
You see, people can’t direct themselves to 100% of this or that without looking at the cost of money. Whatever form that cost takes. And that’s the rub.
Skated over on here. Mustn’t be mentioned. So I do. Often. We’ll see.
But for you lot. On this board. We’re going to have a fundraise. We might just get diluted to hell. But who cares. It’s brilliant. And In 2 years we’ll all be millionaires.
You can call me a fool, Trippy, but I sold at 10p - 9p. And not sat here worrying about the effect on pi’s of a fundraise, possible dilution, etc. Nomatter what the longer term might hold.
And if it’s all so positive - have a look at yer price.