Member Info for Culpepper

Haha. My few thousand, got £50 in waiting, won’t require a TR1.

I’m beginning to suspect I won’t be punting any of that until next year though. Want to see the capex.

See how far they go with the RNS, which will I think be acquisition only.

See how much the directors pony up for shares.

Https://www.lse.co.uk/rns/WIX/interim-results-2024-ia39qxy547qd8b0.html

A good initial reaction to the RNS. Investors looking ahead to improved times, perhaps.

I expect some profit taking to continue. Some moving on.

That would be a separate event, and not directly connected to todays suspension, and the lifting thereof.

On my reading of AIM rules it goes on beyond the current suspension if a vote is passed for the RTO.

I am not fully conversant. But I believe at sone stage the listing will be terminated in its current form.

In line with what the RNS states:-

“Greatland would also be required to publish an admission document for re-admission to AIM.”

A technicality, dealt with swiftly.

I agree Wash1.

The horses mouth has put out a holding statement, as a result only it appears, of press publication

. The proposed terms of the Potential Acquisition remain confidential, however Greatland notes that the proposed consideration includes a mix of upfront cash, deferred payments and equity. Settlement of the Potential Acquisition is proposed to be conditional on completion by Newmont of ongoing remediation works in respect of the Telfer tailings storage facility.

You’re probably right Trippy.

Applies to most on here, I expect. Even you.

And, on timing.

If the Potential Acquisition is ultimately agreed, settlement would be subject to (among other conditions) Greatland shareholder approval as a reverse takeover for the purposes of the AIM Rules, on the basis that the Potential Acquisition is expected to exceed one or more of the financial metric class tests set out in Schedule Three of the AIM Rules. Greatland would also be required to publish an admission document for re-admission to AIM.

Bit missing.

“ and provide a to date document for Australian investors.”

It’s guessing to a large extent, but as a guess I agree that the possibilities set out by Starbright for consideration, two tranches, have merit.

I cannot think of a more opportune time to list on ASX, and having underpinned that listing by acquisitions, follow it up with listing and a (further) opportunity to bring Australian funds on board. The existing bank syndicate arrangements require FS conditions to be satisfied. When that is done, it will I think, enable further bank lending with greater assurance to lenders, and provide a

So my thinking is a FS will follow the acquisitions, and enable a detailed ASX listing document, and that may be used to satisfy capex.etc., as suggested.

The water will have been tested with fund managers, previously said at Town Halls to be in waiting. Much to yet be revealed.

I have no idea what the next RNS will contain. It will possibly leave some issues unresolved, capex going forward, for example.

But I understand this is an advance, apparently, for those who were keen to buy the lot, soon as poss.

More water to go under the bridge yet, in addition to today’s bits.

Https://www.londonstockexchange.com/news-article/AMRQ/director-pdmr-shareholding/16654841

“ Why you and others struggle to contemplate the above is beyond me”

I don’t.

It is you twisting the narrative.

I haven’t read anybody remarking that Ggp would not be able to raise debt, save a post yesterday. It may be a matter of proportionality, rather a question of what Ggp sees necessary, or would like, to secure its best objectives under all relevant circumstances if it is to ‘go mining.’

Mr Day’s base line would seem to me to be something like what was. Hanging onto 30%, and securing access to Telfer. Anything ‘better’ than that and the board will view it as a project coup.

As I said yesterday. Nobody knows outcomes.

Quite a lot has been made by others here of De Grey successfully raising funds. In passing, though there may be other factors involved, it hasn’t done much for the share price in their case.

I don’t think it always pays to confuse with other companies.

Yes. As I said. Comments have become unreasonable.

I have a newly found more moderate approach, to accommodate the over-sensitive, and will not respond to baiting.

Your opinion is as valid as any.

I shall leave you to it.

IF for some reason Ggp goes up substantially/rockets, that would indeed be the case.

MHO has me filtered, so say. If he were able to read filtered posts, he would find no ‘complaint’ in mine.

I responded to a post, which raised probably the most important issue currently facing Ggp and pi’s.

If you think that is unreasonable, and worthy of pseud-insult, I disagree.