RE: Havieron26 Jan 2021 21:05
@Darby, I think with respect , you are incorrect, and that Daveri is in fact right in what he says. The 4.2m oz, was announced in the MRE on or about 10th December. Berenberg then issued an updated Broker note saying GGP was a "hold" at 33p. That was on 15th December, some 5 days after the MRE announcement of 4.2m oz. 12m oz was only mentioned as a speculation...... the 33p valuation by Berenberg was based on known facts at the time, namely the 4.2m oz announced in the MRE on 10th December, and the 33p was also riced to reflect a 50% risk factor.
AIMHO
Cheers
Davie