Member Info for Dip666

You've been on the pop again it seems CP, what on earth are you drunk posting about now old boy?

Seems to me likes of you and nine seem more upset about the fact that your own input isn't respected...

Well you know how it is Merc, just don't feed him after midnight and he won't turn into a gremlin lol

God I loved those films as a kid ;-))

Stop stirring Freddo lol

Merc just asking for opinions and some happy to put funds in and risk nit hitting anything and future dilution to fund exploration, paid off for early investors here but how often does that happen or a discovery, lower odds than of you winning next year's Maypole Dancing Championship for Taunton and surrounding area lol

Hi Merc, only if they make a hit in good time as 4 years later and GGP still to confirm another discovery in Paterson and may be years yet, so not every tenement picked by Callum will deliver, he may never make another discovery again.

Post discovery to maiden MRE seems the best risk Vs gain balance to me, from experience and watching other juniors... why lock up funds for years perhaps having to stomach or invest more to avoid dilution...

Pretty much like here if Shaun can't deliver rapid growth akin to NSR which is a heck of a hill to climb, many will have propped up the company for new entrants to see more of the immediate benefit.

Try 2!

Shareholder Resolutions and Rights:

https://www.ggpchat.co.uk/viewtopic.php?t=961

How to vote:

https://www.ggpchat.co.uk/viewforum.php?f=103

Shareholder Resolutions and Rights:

https://www.ggpchat.co.uk/viewtopic.php?t=961

How to vote:

How to Vote

9, you started off by playing nice and trying to endear yourself to the very same posters you're now accusing of bad intentions... explain this to me?

When that didn't work out and you were ignored as it was very apparent you were being insincere, you started this new narrative of the man of truth.

As I said before, you're a snake in the grass, completely insincere and anyone blaming other BB posters for his losses is someone who lacks the ability to take ownership for their own decisions.

Next Tuesday mate, webinar at 4pm and in person at 6pm

You need to check Eventbrite for event details for in person and Shaun's Twitter now X for webinar details as not allowed to post here as new platform.

Wents - posts like this won't get a RNS guaranteed mate :-)

Could just be a delay from the other side if indeed there is a deal being closed so it misses their self stated target (yet again TBF!) so things stretch into Q4.

Realistic expectations for this team are best - which is to expect timelines to slip in what is already a sector where they are the norm. Only an idiot would have been as confident as they were of late without some level of confidence in closing something.

We will find out eventually.

Such a huge blow you can't make it 9, was so looking forward to meeting you in person as many here were!

We could have gone for a nice run along the Thames, shooting the breeze before the event, spot of lunch somewhere nice and then had your brilliant mind lead us all in dissecting the deal in person with Shaun - alas, what a shame indeed!

My plan is to assess the team's capability for 12-18 months as within that period you'll see them solidify the strategy for Telfer and Hav and then start to look ahead, also I can then evaluate the SP growth and make further predictions for say the next 12-24 months from that stage.

They do need to show investors that Telfer mine life will be extended perhaps and that Havieron will be non dilutive and signpost increased production throughput to help gain interest against our soon to be peers, which will be aplenty on ASX compared to AIM.

Https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/24/4

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02853337-6A1225624&v=fc9bdb61fe50ea61f8225e24ce041a0e155a9400

Thank you CP - I often enter a meditative trance for hours at a time before constructing a post.

And you deserve every share of it Mystic Freddo lol

@SB - this is AIM the SP could be stuck around here for weeks or double up in weeks - logic and AIM are hardly bedfellows and current SP into deal being concluded perhaps not the best verification or vindication of the deal I'd argue?

As for placing - I feel it could have been discounted less perhaps but there seem to have been some other factors too I am less informed about around the industry when it comes to this looking at some of the posts since, can't say I have the knowledge to have an informed opinion about that information being presented.

However, I do feel whether intentional or not it's given GGP a more stable insto base - and if the off-shoot is far far less risk of a dilutive path to production for Havieron which is after all how long term success with Telfer/Hav is going to be assured - I'll live with it I guess.

The company is now highly investable when the deal gets voted through for various areas - perhaps these guys can meet or exceed what was achieved at NSR, the foundations are there for rapid growth - in mining terms. If it takes longer than I;'d wish - then so it is and personally I'll assess regularly before committing to a longer term position than 12-18 months - and even that is subject to change.

Thats my thoughts if you check the investor prez slide 23 with ASX listing completed by mid 2025 from which point focus goes on long term and accretive opportunities at Telfer....

Hi MH- Shaun replied to someone else's query and in my posting history that a pre-approval will be applied for with any shareholder holding above 20 percent holding before listing so shouldn't be an issue and negate any mandatory offer etc.

Also I posted the details of Relationship agreement with Newmont that GGP have arranged around earlier today which also covers ASX listing etc.

GGP have certainly tried to ensure alignment as can be seen by the relationship agreement with Newmont moving forward.

I expect Wyloo to increase shareholding too as discussed beforehand and they have the call options of course. NEM also have a relationship agreement too as detailed on page 46 of Admission Doc alongside the 12 month locl-in and then 12 month orderly market agreement.

5. Relationship Agreement

The Company and Newmont NOL will enter into a Relationship Agreement on or before Acquisition Completion, under which the Company and Newmont NOL agree certain parameters in relation to their conduct, and the exercise of Newmont NOL’s rights as a substantial shareholder of the Company.

Under the Relationship Agreement, if the Company (or any other member of the Group) enters into or varies an arrangement with Newmont NOL (or any of its associates), or waives any rights under such arrangement (a “Substantial Shareholder Transaction”), Newmont NOL will agree to ensure that the Substantial Shareholder Transaction is entered into on an arm’s length basis and on normal commercial terms, and that any such Substantial Shareholder Transaction will only be dealt with on behalf of the Company by a committee comprising of independent directors.

Newmont NOL (or a permitted transferee) will also agree to certain restrictions on the exercise of its rights under the Relationship Agreement, including that it will not:

- exercise any rights as a shareholder in the Company in such a manner that would preclude the Company from carrying on its business independently of Newmont NOL (and its associates) for the benefit of the Company’s shareholders as a whole;

- exercise any rights as a shareholder in the Company in such a manner as to propose a shareholder resolution which would circumvent the application of relevant regulatory requirements;

- exercise any rights as a shareholder in the Company in such a manner as to cause or authorise anything which would have the effect of the prejudicing the Company’s status as a public company with its shares admitted to trading on AIM or prejudice the Company’s ability to list on the ASX (other than in relation to specific exceptions); or

- propose or vote in favour of any resolution which is intended to effect the cancellation of admission of the Company’s securities from trading on AIM or the cancellation of admission of the Company’s securities from trading on the ASX.

Should the Company proceed with the ASX Listing, Newmont NOL will have certain co-operation obligations in relation to assisting with the completion of the ASX Listing, including an obligation to agree a modification to the terms of the Relationship Agreement to the extent necessary to comply with the Australian Corporations Act and the ASX Listing Rules, or enter into a new agreement (provided no modification or new agreement is more onerous for Newmont NOL). The Relationship Agreement will cease to apply if Newmont NOL’s shareholding in the Company falls below 10% of the Company’s issued share capital.