Member Info for daveri007

The 5% FMV will be decided by an independent third party with the relevant expertise. The only way to do that IMHO is to value the resource already known at an in ground valuation and add a discounted cash flow and risk factor percentage accounting for future reserves and will be paid via way of a royalty.

The 5% option is not really important because Newcrest already have a 70/30 majority control .

My investment decision here already factors in GGP owning 25% of Havieron and 4.2b shares in issue (after payment to pacific trends upon decision to mine) and the ROI is very attractive,

Newcrest already provided GGP A 50 million USD loan - pretty sure when that was provided and signed off by the Newcrest BoD’s it would have been done so because it’s easily secured by the 5% FMV with plenty of headroom to provide further loans …. Not expecting dilution unless of course it’s accretive

The recent loading up off staff delivering the necessary technical expertise is a mandatory requirement for LBE's operators licence - one of only 39 companies on the NCS which as HH stated will enable LBE to be included in deals moving forward.

spade - stop embarrassing yourself acting like the sheriff here - everyone is entitled to an opinion.

correct Matml74 - I added on another 3-6 months based on the ever-growing size.....hopefully the DFS will be end of 2022 - anyhow when it's delivered I think its fair to expect fireworks!

Pleasing to see some liquidity returning to this stock......not surprising the market is becoming aware of Longboat in their exciting window of opportunity!

I don't see the large inst.investor community (that SD wants) joining the GGP party until we get the Definitive Feasibility Study/decision to mine confirming 100% economic viability which will no doubt come with a very attractive increased indicated/measured resource.

I have no doubts it will happen in the next 18 -24 months - the "PFS" due this year I doubt will be the huge catalyst some are expecting....nonetheless it will be another step forward!

IF (and its a big IF) another world class Havieron tier 1 discovery via a JV with Newcrest is announced...then the route to production will be significantly slower but Newcrest gold reserves will inflate and be a major catalyst to the Newcrest share price.....the junior explorer JV partner will have to wait for a clear route to production...another reason for GGP to benefit from a district scale discovery. If your not fast you're last.

My point was if there is a choice then all European based car Manufacturers would rather partner with a European based supplier! No choice then they will be forced to work with anyone!

I'm fairly sure the European community will not work with the Chinese for obvious reasons (will not go into political and human rights issues) - so for Europe , I believe it's pretty safe we will where possible ignore the Chinese!

maybe better to post your research and reasons why you think this is a ramp post...it's a bullish post but if you disagree then other investors here would rather see you're reasons why? Waiting.....

Once the dfs and decision to mine is formalised then we will see the institutional investors rapidly climb on board - a catalyst that’s unstoppable IMHO

Agrred - I bought in much lower and still keep buying more - and no thoughts of selling at £1+

Look, unless all my company and market research has been floored (DYOR) then for the life of me, this is the easiest multi- bagger on AIM along with a few others I’ve been lucky to find! See you all at £5 party

Hydro - I wouldn’t bother explaining yourself to Mr hypocrite- he picks a fight in a church.

where's CB?

yep location is key as is the huge size of the deposit at Cinovec. Easy and quick money for those shareholders joining now.

Any elected Czech government will want/have to pursue the transition to EV - the motor industry in Czech accounts for more than 9% of GDP, 26% of manufacturing and 24% of Czech exports.

I think the CEZ Group with it's consortium of investors will want to finalise their plans for a Gigafactory in Czech including financial incentives/subsidies from government and the wider European Union BEFORE any off takes are agreed /announced.

Obviously, should have said ŠKODA AUTO’s headquarters are in Mladá Boleslav.

Of course, CEZ Group already have a very good working relationship with SKODA.

Previously CEZ Group mentioned the grounds of the decommissioned Prunérov 1 power plant located in Kadan (a town in Chomutov District in the Ústí nad Labem Region of the Czech Republic) - this is approx 180km from Mladá Boleslav.

https://www.cez.cz/en/media/press-releases/the-first-step-to-towards-the-construction-of-the-gigafactory.-the-mit-and-cez-sign-a-memorandum-147566

With respect, I totally disagree .....if they secure supply then they will be built .....which is why with the offtakes agreements are critical for all parties involved! Time will of course tell. GLA