Member Info for DGR1980

Eeyore - And this is why making the change from having a geologist as CEO was such a big step. The RNS still states about interesting geological features, and if Bill wasn't stepping down i'm sure we'd have continued the drilling

Yeah I'm happy with that.

Hopefully we'll bundle it up and get rid of Mexico now

Yeah. I would say so. And if its Bill that's said 'we need someone more on the financial side in charge' then fair play to him

For me, while i have a great liking of Bill for what he's done, i feel this is very similar to GGP moving on from GH to SD.

Time for a more business focused individual to step in and run the company. Hopefully this way we don't get hamstrung by any agreements like GGP were with their 5% clause.

Positive move in my eyes

What Newcrest consider a fair price and what Greatland would consider a fair price will differ wildly

risehall - thats all well and good but a fair price for Newcrest is not a fair price for Greatland. And we now have no other commitments where we have to sell anything to Newcrest

Novice - Because to get the gold into inventory costs money?

Yeah that higher offer from SD was a bit smart. Its basically saying to SB "Even if you've screwed us over in the JV agreement, i can make you show everyone what you really think its worth"

Sadly for all the praise that Gervaise got at the time for the JV, its turning out to be becoming a bit of a lead weight for SD

Why release that news two days before an update? It could have quite easily been included in the news on thursday.

Is the process further along than we thought, and they have more infomation to give tomorrow and its been split so its not a sudden out of the blue "We're going to be selling our russian assets to ?

Let me just fix that for you:

Plan the investment, make the trade, sit back and wait for divis

I don't see it going crazy today either up or down.

From my point of view a solid day would be +/- 10p.

Even if we end up down 10p we're still up 50p from where started the week, and after a rise like yesterday consolidation is never a bad thing

Ok, I'm big enough to admit i was wrong about it staying in the low 180s.

That said a rise now is irrelevant for me as its a long term hold

I don't see how a split allows them to pay the dividend. The reason its not being paid is that some shareholders cant be paid it at the moment. A split will give them shares in both companies which leaves us in exactly the same place, only with two companies which can't pay a dividend

Sagacity - Anything that is still using broker forecasts from before the war started is deliberately skewing the numbers.

MassiveRay - However if you read the RNSs since then the company has continued to perform.

And i'd even argue that the conflict hasn't escalated, its just dragged out.

Its possible they'll decide to go down the route of a split, but its by no means the nailed on certainty you're making it out to be

Hopefully it'll be along the lines of we're still looking into it, however we're going to see how things progress over the next few months

Its important to remember that they're not going to be making any divi announcements this week.

That is still due in the full year results in September

As much as i'd like to see it, I just don't see us getting above about 185p by then.

There are too few places willing to let you buy, and Institutions definitely aren't right now.

ringworm - i'm assuming sarcasm to a troll given we never got past 3.2p

Buysellrepeat - I have 7 posts, and 18 green lines on my screen