Member Info for Culpepper

https://www.proactiveinvestors.co.uk/companies/news/1013975/wickes-performance-in-line-broker-reckons-shares-could-double-in-value-1013975.html

https://www.lse.co.uk/rns/AMRQ/2022-nanoq-exploration-results-qe9wg1qm4pg7fkn.html

No surprises there, one way or the other.

It’s looking ahead, and we shall get guidance when required. I doubt there will be tax implications for investors, as it seems to me no gain will be booked.
There may be something in this, to go on with.
https://www.lexisnexis.com/uk/lexispsl/tax/document/393773/55KG-S061-F18C-V062-00000-00/Reorganisations_and_tax_overview

‘Porky’ Broughton.

Some may be able, or wish to draw inferences from this. Or not.
https://navigo.com.au/2015/09/top-hat-restructure/

And any consolidation may take place to enable the timing of the cross listing to coincide with what that listing primarily sets out to achieve for the company to progress - access to a greater funding pool.

I don’t know about tactics, but the board will have a suitable time line. The MRE was down for August anyway falling in with Newcrest, and I guess the timing of the ASX listing may be flexible and depend on that MRE, and any thoughts that might exist beyond a pure compliance listing, should additional funding be contemplated. I still think institutions, having been tee’d up, may well wait for a funding round if that remains on the cards.

I think there’s a fair bit in that post which could be debated, but I can’t see the point in doing so.
It doesn’t seem to have a bearing on the petition up for signature.

Maybe, but he was saying (whilst washing his long-johns ) what he heard the directors were looking for as multiples, out of their options, minimum, as per the thread. Don’t think he knew Barnabas and them, so a bit third hand, but he did have one of those hats with dangling corks and a ****atoo thing on a lead.

Bloke in the launderette said a quid.

Perhaps worth mentioning the co-investment options are not nil-cost options, and will bring in £23m if/when exercised.

Yes, it’s Havieron and it’s proximity to free cash flow that underpins Mr. Day’s aspirations for the company.

I won’t talk valuation, can’t with any confidence, but I accept of course that as usual there is no income until production annd sale, and a lot of time and capex to get there. I also agree your comment on reaching the ore body.

https://www.abc.net.au/news/2023-03-05/gold-mine-foreign-ownership-would-rise-if-newmont-deal-proceeds/102055926

The longer Newcrest keeps digging and picking up their tab, the more content I am.
The rest will just have to fall into place, whatever it is.

Why do ducks have webbed feet? So they can put out Forrest fires.
Mr. Baxter’s win/win hasn’t changed, so all is well.

Well, Ggp lot could conceivably finish up with Newcrest, Newmont, Wyloo, or somebody else. Or stay as they are. Don’t count your chickens, is my experience, reputations or not.

Well, there you go. I never argued anything about that. I don’t disagree. Never have. It’s what we all said at the time. And the one who will manage the ore into Telfer.
I said at the time, they’re staffing up to project management level.
Have to see what happens next. Where we came in.
Nothing obtuse about that.

Actually, you now have me intrigued. What is it about the new people joining Ggp that you think even could damage their reputations.
I’ve put nothing forward as being likely to do so. It was a welcome development.
Perhaps it’s that I don’t think it necessarily follows Ggp will buy 70% H and Telfer? But they might.