Member Info for Culpepper

It will take time for full accretion to occur.

“An accretive acquisition increases the acquiring company's earnings per share (EPS). Accretive acquisitions tend to be favorable for the company's market price because the price paid by the acquiring firm is lower than the boost that the new acquisition is expected to provide to the acquiring company's EPS.”

That has always been my understanding. I was howled down before, and will be again I imagine.

And I’ve no fear of a buyout. If it happens.

Good day.

I conjectured, as many do, even on the price. A reason why others want to pick a row, it seems.

I think we should all look forward, with faith and hope. I am.

No nerve, I assure you.

But he’s farted and fiddled over the years. Where’s it got him, other than I give credit for buying in early.

You’re being ridiculous. Again.

You want to deflect onto Mincor.

Not having it from the likes of you.

One thing can become another over years, as we’ve seen, and they find something to hang it on. I don’t know Wyloo and Ggp joint or individual strategy.

Mr. Day will say the position now, or what suits. He’s a CEO.

I think the deal is fine, but I have the feeling he’s not entirely open with pi’s. As we know, it’s the RNS’s when the pigeon comes home to roost. There you go.

Mincor was an example of Wyloo as a shareholder going over the management direct to shareholders is all.

You can tie yourself up in all that, like guessing at profitably, where the price will be next week, month, year,how many ounces of gold in a pile of rock. What when it runs out. That sort of thing.

A takeover is a possibility, that’s all, and if anybody in the frame for it seems to be Wyloo, with their relationship with Newmont. It may be yet to sign off. I haven’t seen that, but it’s expected.

That’s the thing with the privateers and their cohort. They bring it to a point, taking most of the risk, and can then afford to secure years of the profit.

The side deal tends to indicate Wyloo will take far greater control, even if not with an overall majority.

It’s all conjecture. Forrest paid I think a 35% premium for Mincor.

Wyloo is aggressive. Gone direct to shareholders before. There’s a longer story, but briefly.

Mincor Resources urges shareholders to back Wyloo's takeover offer | Reuters

And from elsewhere.

Complementary businesses
Mincor Managing Director and CEO Gabrielle Iwanow said Mincor’s merger with Wyloo brought together complementary assets and skill sets.

“Mincor has a great team of some of the world’s very best, highly respected technical experts who have a detailed understanding of WA’s nickel resources. Wyloo made it clear from the outset that they were not only attracted to Mincor’s projects, but also its people,” she said.

“There’s a clear cultural fit and a drive for growth that’s common across both companies. The team is really excited to see what we can achieve when we bring together Mincor’s producing assets with Wyloo’s plans for downstream processing and long-term growth projects.”

Down the road maybe. Not til production time, and within 4 years. If ever.

Antipa adds $17m to the kitty as Rio splashes cash on Citadel gold project | The Australian

Antipa’s market cap is. 106.82m Aus. The 8.6% is 9.18m Aus.

Thanks for that. In Ggp also.

Opinion on placing price.

https://miningaim.co.uk/charles-archer-blog/f/amaroq-greatland-endeavour-gold-is-red-hot

Bringing Hav into production is the prize.

At the moment, and for a couple of years, the focus perhaps should be on what can be done with Telfer, operationally and in a year or so’s time from an accounting perspective.

There's also the prospect of additional buying on the market, if applicants want more than they received.

Good for DIY and improvement/renovation.

The Royal Institution of Chartered Surveyors (RICS) reported that the house price net balance reached 1 in August, a sharp recovery from July's -18.

Additionally, more respondents predicted continued price growth over the next three months, indicating a strengthening housing market.

"The latest survey captures an improvement in sentiment over the past month in the wake of the modest decline in mortgage rates," said Simon Rubinsohn, RICS chief economist.

"Anecdotal remarks from respondents still demonstrate the need for realistic pricing to get deals done, with uncertainty both around the scope for further interest rate cuts and the likely contents of the forthcoming Budget keeping the mood in check.

"Affordability remains an issue in the sales market, even with somewhat cheaper finance now available."

Old Day and the others stumped up, not as much as I thought they might, alongside Wyloo - but enough to take some notice of it.

In the back of my mind I wonder what will happen on the ASX listing, but you can go on like that forever.

And I think the new set-up is far more attractive than the position before, to new investors, and at the relative price.

Pay your money, take your chance. And keep some cash in reserve.

Pay your money, take your chance

I mean, pretty unbelievable with the lot on here, isn’t it?